Third-Party Risk Management stories - Page 3

The Cloud Security Alliance has launched the SaaS Security Capability Framework, the first industry-wide standard addressing critical security gaps in SaaS applications.

Gregory Webb has been appointed CEO of HITRUST, succeeding founder Daniel Nutkis, who will become Executive Chairman, ensuring leadership continuity.

Australia faces rising state-sponsored cyberattacks on critical infrastructure, prompting stricter government measures and a human-focused defence approach.

Bitsight's vendor network has grown 40% to 68,000 firms as AI integration cuts onboarding time by 70% and reduces breach risk by 75%.

Cynomi unveils a new TPRM module to help service providers manage vendor risks faster and more efficiently within its vCISO platform.

Gartner urges CHROs to prioritise cyber security as HR systems increasingly adopt AI, highlighting the risks of data breaches and the need for stronger digital oversight.

Black Kite has launched its Adversary Susceptibility Index to help firms spot which suppliers are most exposed to specific cyber threat actors, enhancing risk management.

Ransomware, AI-powered attacks and vendor risks drive billions in cyber breach costs in 2025, with retail the hardest hit sector globally.

Qantas has revealed a cyberattack on a third-party call centre, exposing personal data of 5.7 million customers and raising serious security concerns.

APRA demands super funds boost cyber security, mandating multi-factor authentication by August 2025 to protect member savings from rising cyber threats.

BlueVoyant has launched a Software Bill of Materials tool to help firms manage third-party software risks and improve supply chain cyber defence.

LexisNexis has suffered a data breach exposing personal details of over 364,000 people via a third-party software platform, raising security concerns.

myCOI launches illumend, an AI-powered platform designed to simplify third-party insurance compliance for risk managers and property teams alike.

Black Kite launches Vulnerability Intelligence Briefs to help organisations identify and manage third-party cyber risks, enhancing supply chain security.

Kiteworks has revealed its report on the top data breaches of 2024, highlighting the increasing importance of data sensitivity in assessing breach severity.

APRA-regulated entities in Australia must prepare for the upcoming CPS230 deadline, a shift aimed at enhancing operational and third-party risk management.

The Australian Computer Society and Cyberknowledge have teamed up to launch an AI-driven platform in April 2025, enhancing cybersecurity for SMBs across Australia.

Cybersecurity firm UpGuard has unveiled AI-powered tools that enable users to conduct vendor risk assessments in under 60 seconds, enhancing efficiency in risk management.

The Victorian Government has partnered with Sparx Solutions and ProcessUnity to enhance third-party risk management and bolster cybersecurity across its departments.

Small businesses are facing rising security threats and administrative challenges, making effective security systems a crucial investment for their survival.