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.

Vulnerabilities / Threats

3/27/2012
05:43 PM
Connect Directly
Google+
Twitter
RSS
E-Mail
50%
50%

Risk And Regulatory Overload

New study finds organizations worried about risk and compliance, but struggling to manage it all

Risk management is a hot topic these days, but it turns out most organizations don't really have much in the way of tools to do it.

According to a new survey by LockPath of 175 compliance and risk practitioners in the U.S., 83.6 percent say the risk level of their organizations ranks as moderate to high, but only about 43 percent have the tools and procedures for managing risk. More than 30 percent run homegrown tools, and 26 percent don't have any tools or procedures to manage risk. Meanwhile, most of these organizations have seen increased regulatory requirements over the past year.

So what gives? "It is crystal clear that, despite what some see as the maturing of risk management programs in the past several years, an alarming number of businesses remain overwhelmed by the number of regulations with which they must comply," said Chris Caldwell, CEO of LockPath, a GRC solutions provider.

Bigger companies see their risk level as higher than smaller ones, the survey found: More than one-fourth of large companies say their risk level is high, versus around 16 percent of midrange-size businesses and 6.5 percent of small to midsize ones. The midrange is ahead when it comes to having established risk and compliance processes, however, with 81.3 percent, followed by large enterprises, with 71.4 percent, and small businesses, 65.4 percent.

Two-thirds of all of the respondents say they don't calculate the costs of compliance efforts.

The healthcare industry appears to be under a lot of stress, although the majority say they do have a risk and compliance process. More than half of the professionals with healthcare organizations say their security risk is high: That's much higher than financial services, with 16.3 percent; utilities, 13.3 percent; and manufacturing, 4.5 percent.

The survey found that the top IT priorities for this year are reducing data breaches and litigation. Also on the list: cutting costs and delivering services more efficiently.

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

Kelly Jackson Higgins is Executive Editor at DarkReading.com. She is an award-winning veteran technology and business journalist with more than two decades of experience in reporting and editing for various publications, including Network Computing, Secure Enterprise ... View Full Bio

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
US Turning Up the Heat on North Korea's Cyber Threat Operations
Jai Vijayan, Contributing Writer,  9/16/2019
MITRE Releases 2019 List of Top 25 Software Weaknesses
Kelly Sheridan, Staff Editor, Dark Reading,  9/17/2019
Preventing PTSD and Burnout for Cybersecurity Professionals
Craig Hinkley, CEO, WhiteHat Security,  9/16/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
7 Threats & Disruptive Forces Changing the Face of Cybersecurity
This Dark Reading Tech Digest gives an in-depth look at the biggest emerging threats and disruptive forces that are changing the face of cybersecurity today.
Flash Poll
The State of IT Operations and Cybersecurity Operations
The State of IT Operations and Cybersecurity Operations
Your enterprise's cyber risk may depend upon the relationship between the IT team and the security team. Heres some insight on what's working and what isn't in the data center.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-14821
PUBLISHED: 2019-09-19
An out-of-bounds access issue was found in the Linux kernel, all versions through 5.3, in the way Linux kernel's KVM hypervisor implements the Coalesced MMIO write operation. It operates on an MMIO ring buffer 'struct kvm_coalesced_mmio' object, wherein write indices 'ring->first' and 'ring->l...
CVE-2019-15032
PUBLISHED: 2019-09-19
Pydio 6.0.8 mishandles error reporting when a directory allows unauthenticated uploads, and the remote-upload option is used with the http://localhost:22 URL. The attacker can obtain sensitive information such as the name of the user who created that directory and other internal server information.
CVE-2019-15033
PUBLISHED: 2019-09-19
Pydio 6.0.8 allows Authenticated SSRF during a Remote Link Feature download. An attacker can specify an intranet address in the file parameter to index.php, when sending a file to a remote server, as demonstrated by the file=http%3A%2F%2F192.168.1.2 substring.
CVE-2019-16412
PUBLISHED: 2019-09-19
In goform/setSysTools on Tenda N301 wireless routers, attackers can trigger a device crash via a zero wanMTU value. (Prohibition of this zero value is only enforced within the GUI.)
CVE-2019-16510
PUBLISHED: 2019-09-19
libIEC61850 through 1.3.3 has a use-after-free in MmsServer_waitReady in mms/iso_mms/server/mms_server.c, as demonstrated by server_example_goose.