DENVER--(BUSINESS WIRE)--CyberGRX, provider of the world’s first and largest global cyber risk exchange, today announced that the company is hosting a state of the industry webinar, titled “Current State of Affairs: How the Third-Party Cyber Risk Management Industry Went From Reactive to Proactive,” on Wednesday, July 20, 2022 at 2 p.m. EDT. The webinar will feature leading industry experts such as Bruce Schneier, internationally renowned security technologist; Adam Fletcher, Chief Information Security Officer, Blackstone Group; Chris Steffen, Research Director, Enterprise Management Associates; and Dave Stapleton, Chief Information Security Officer, CyberGRX.
From Acellion, Kaseya, Codecov and SolarWinds, some of the largest breaches we’ve witnessed over the past couple of years are directly linked to third parties. Cybercriminals continue to find success attacking organizations via their third parties, primarily because the approaches to assess and monitor them are ineffective. In this discussion, presenters will discuss industry challenges, emerging methodologies and technologies, and how to effectively communicate with stakeholders to present a coherent risk management strategy.
“Hackers will always pursue a ‘hack one, access many’ approach as it reaps the greatest reward with minimal effort. The influx of third-party vendors and partners that organizations have onboarded in the past few years, coupled with the fact that many organizations do not have the proper understanding of who they are actually working with or what their security posture looks like, has made third parties a feeding ground for hackers,” said Chris Steffen, Research Director, Enterprise Management Associates. “I am honored to be a part of such an important discussion and hope that we work together as a community to adjust our strategies to propel the industry forward to combat today’s emerging threats.”
With more than 150,000 companies on the Exchange and over 11,000 completed vendor assessments, CyberGRX has the most extensive third-party cyber risk intelligence data in the market today. By collecting and analyzing this data, CyberGRX not only increases visibility into third-party ecosystems for its customers but has unique insight into how well prepared third parties are to defend against attacks and breaches. The depth and breadth of data collected by CyberGRX positions the company to lead the third-party cyber risk management community in conversation about the inefficiencies of traditional risk management approaches and how collaborative action can be used to reduce shared risk.
“As a CISO, I understand that there is an immense amount of pressure and responsibility to reduce all areas of risk. Many of the security professionals I speak with are very concerned about third-party risks, yet also express frustration with the antiquated tools and technologies they have to use to mitigate them,” says Dave Stapleton, CISO at CyberGRX. “I am proud to work for a company that is empowering security professionals by helping them actually reduce risk without increasing workloads. My goal for this discussion is to showcase the methodologies that can put an end to the outdated, laborious approaches to third-party cyber risk management to release the burden from the CISO.”
Register for the live webinar here.
To view previous webinars, please visit: https://www.cybergrx.com/resources/research-and-insights/videos-and-webinars
To learn more about CyberGRX, please visit: https://www.cybergrx.com/
About CyberGRX
CyberGRX standardizes vendor risk management, making it possible to achieve insights, prioritize risks and make smarter decisions across your third-party ecosystem. Driven by sophisticated data analytics and automation, real-world attack scenarios, and real-time threat intelligence, CyberGRX provides customers complete and ongoing analysis of their vendor portfolio. Third parties can understand and regain control of their cyber risk by proactively utilizing the CyberGRX Exchange to complete and share a single assessment with multiple upstream partners. Based in Denver, CO, CyberGRX was designed with partners including Aetna, Blackstone and MassMutual. For more information: https://www.cybergrx.com/
