Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Analytics

7/30/2013
01:29 PM
Dark Reading
Dark Reading
Quick Hits
50%
50%

The Risky Business Of Managing Risk

A retrospective of Dark Reading's recent coverage on how risk can be measured -- and minimized

[The following is a summary of "The Risky Business of Managing Risk," a new retrospective of recent Dark Reading coverage posted this week on Dark Reading's Risk Management Tech Center.]

One of the challenges that security teams face is the problem of measuring, evaluating and mitigating risk in the enterprise. In this special compendium of recent Dark Reading coverage, we look back at the latest developments in risk management:

* A study sponsored by Tripwire and conducted by the Ponemon institute found that while 81% of security and risk professionals in the U.S. said their organizations have a significant commitment to risk-based security management, less than 30% actually have a formal security risk management strategy that is applied consistently across the enterprise.

* The effectiveness of data classification and retention policies can have strong ripple effects across an organization's entire IT risk management framework. After all, how data is classified can determine what risk management priorities are placed on it, and the less data that is retained long-term, the less volume the organization has to sift through to determine appropriate protection levels.

* Telephony denial of service (TDoS) attacks -- which earlier this year were becoming prevalent enough that the U.S. Department of Homeland Security issued an alert about a threat of TDoS attacks on public sector entities in an attempt to extort money -- are typically similar in motivation and goals as DDoS attacks that flood networks, websites or other servers with massive volumes of traffic meant to bring an organization's data structure to its knees. Call centers are the most popular TDoS targets -- they're easy to contact and flood with calls -- and, increasingly, there are more tools readily available tools for launching these attacks on any organizationor individual's location.

* A growing need for security discipline and the availability of better threat data are changing the monolithic governance, risk and compliance (GRC) concept into a near-term enterprise risk management project, experts say. GRC, a methodology for building global IT policies, priorities, and practices around key risk and compliance factors, has long been viewed as a framework that was too complex and resource-intensive for all but the largest enterprises. But driven by a need to improve security and add some means of measuring risk, many businesses are pushing past these old perceptions and implementing elements of the technology, without necessarily tagging their efforts with the GRC name.

* Enterprises have increasingly found that their vendors and other third parties are putting shared information at risk, but the disconnect between procurement professionals and IT risk managers has made it difficult to address information security risks during the vendor contract process. What's more, the volume of vendor contracts in the enterprise would make it prohibitively expensive to simply put all vendors on the hook for the same information security requirements. That is why many IT risk management professionals advocate for better integrating supply-chain information risk management into the vendor management process.

To read the full text of these and other recent risk-related Dark Reading stories, download the free report.

Have a comment on this story? Please click "Add a Comment" below. If you'd like to contact Dark Reading's editors directly, send us a message.

Comment  | 
Print  | 
More Insights
Comments
Threaded  |  Newest First  |  Oldest First
PABernard
50%
50%
PABernard,
User Rank: Apprentice
8/6/2013 | 1:29:01 PM
re: The Risky Business Of Managing Risk
Risk Management needs to be ingrained into the day to day operations of organizations, too frequently management addresses these issues with a cost based point of view and not the full scope that operational failures can have on their reputations and credibility.

The investment in employee development provides the best method to provide services while increasing safe guards against errors, omissions and process gaps.
News
A Startup With NSA Roots Wants Silently Disarming Cyberattacks on the Wire to Become the Norm
Kelly Jackson Higgins, Executive Editor at Dark Reading,  5/11/2021
Edge-DRsplash-10-edge-articles
Cybersecurity: What Is Truly Essential?
Joshua Goldfarb, Director of Product Management at F5,  5/12/2021
Commentary
3 Cybersecurity Myths to Bust
Etay Maor, Sr. Director Security Strategy at Cato Networks,  5/11/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win an Amazon Gift Card! Click Here
Latest Comment: Google Maps is taking "interactive" to a whole new level!
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you today!
Flash Poll
How Enterprises are Developing Secure Applications
How Enterprises are Developing Secure Applications
Recent breaches of third-party apps are driving many organizations to think harder about the security of their off-the-shelf software as they continue to move left in secure software development practices.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-21830
PUBLISHED: 2021-05-17
A heap based buffer overflow vulneraibility exists in GNU LibreDWG 0.10 via bit_calc_CRC ../../src/bits.c:2213.
CVE-2020-21832
PUBLISHED: 2021-05-17
A heap based buffer overflow vulnerability exists in GNU LibreDWG 0.10 via read_2004_compressed_section ../../src/decode.c:2417.
CVE-2020-21833
PUBLISHED: 2021-05-17
A heap based buffer overflow vulnerability exits in GNU LibreDWG 0.10 via: read_2004_section_classes ../../src/decode.c:2440.
CVE-2020-21834
PUBLISHED: 2021-05-17
A null pointer deference issue exists in GNU LibreDWG 0.10 via get_bmp ../../programs/dwgbmp.c:164.
CVE-2020-21835
PUBLISHED: 2021-05-17
A null pointer deference issue exists in GNU LibreDWG 0.10 via read_2004_compressed_section ../../src/decode.c:2337.