Third-Party Risk Management stories - Page 2

Singapore firms boast world-leading third-party cyber risk programmes, yet 93% still report supply chain-related breaches, BlueVoyant warns.

Qilin ransomware group has targeted 25 South Korean finance firms using managed service providers, exposing 2TB of data in a politically charged cyberattack surge.

Law enforcement and cybersecurity firms have disrupted major malware networks amid rising risks from AI-driven cyberattacks and escalating supply chain breaches globally.

Global ransomware attacks surged 28% in September, with Industrials hardest hit, as cyber criminals ramp up efforts ahead of the busy holiday season.

Australia sees a 17% rise in data breaches as AI-driven threats on hybrid cloud systems surge, prompting tighter APRA regulations on cybersecurity compliance.

Black Kite Bridge has shared over 100,000 cyber risk intelligence items in its first year, boosting supply chain security through rapid, collaborative responses.

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.

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.

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.

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.

Kiteworks forecasts 12 key cybersecurity trends for 2025, highlighting the urgency of protecting sensitive data amid rising threats and regulatory pressures.