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Showing posts with the label grc cyber security

Cyber Attacks, Data Breaches, Ransomware Attacks : September 2024

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  In September 2024, major organizations like TFL, Planned Parenthood, Florida-based Slim CD, Fortinet, and the e-commerce platform Temu were hit hard by cyberattacks, data breaches, and ransomware. These incidents are just a glimpse of the cyber crime wave that swept through the month. Check out our detailed report on all the cyber crime instances from September 2024. Remember, knowledge is your greatest defense, and staying informed about past attacks is essential for strengthening your cybersecurity posture. Ransomware Attacks in September 2024 Data Breaches in September 2024 Cyber Attacks in September 2024 New Malware and Ransomware Discovered Vulnerabilities Identified and Patches Released Advisories, Reports, and Analysis for September 2024 Some organizations not only faced cyberattacks but also incurred heavy financial penalties due to security lapses. For example, Lehigh Valley Health Network agreed to a $65 million settlement after hackers leaked sensitive photos of cancer...

What is GRC (Governance, Risk, and Compliance)?

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  In today’s complex business environment, organizations face a myriad of challenges—from regulatory changes to cyber threats. As businesses expand, they also become more vulnerable to risks that can disrupt operations and damage their reputation. In response, companies are turning to GRC, or Governance, Risk, and Compliance, as an essential framework to ensure they meet their objectives while managing risks and staying compliant with laws and regulations. This blog will explore what GRC is, why it’s important, its components, and how organizations can implement effective GRC strategies to protect themselves from risks while maintaining compliance with legal and regulatory standards. Governance, Risk, and Compliance (GRC)  have emerged as the foundational pillars for business organizations in their efforts to manage or control risk, adhere to legal compliance guidelines, and encourage responsible & ethical corporate governance in the chaotic and fast-paced business climate...