Remove Cybersecurity Remove Due Diligence Remove Third Party Vendors
article thumbnail

Ticketmaster Breach Highlights Supplier Cybersecurity Risks

PYMNTS

disclosed it had suffered a data breach, the company also revealed the cause of the cybersecurity incident: a third-party vendor. enterprises are overlooking their supplier relationships when developing cybersecurity strategies. When Ticketmaster U.K. ”

article thumbnail

SenseOn: Confronting Modern Cyber Risks in Financial Services

The Fintech Times

David Atkinson , CEO of SenseOn , the cybersecurity firm, explains why financial organisations should understand vulnerabilities, defend against evolving cyber threats and how leveraging technology that can actively flag and isolate serious threats will decrease the damage. So what can firms do to better mitigate this risk?

Risk 58
article thumbnail

The Uncharted Territory Of M&A Cyber Risks

PYMNTS

According to experts, cybersecurity is becoming an increasingly difficult hurdle to clear during a merger. One of the largest security challenges of an acquisition stems from the risk exposure an acquiring company faces if it has not fully assessed the cybersecurity strength of its acquisition target. ” Business Partners At Risk.

Risk 65
article thumbnail

When Vendors Open Doors To Cyberattackers

PYMNTS

Organizations are ramping up cybersecurity investments in response to the ever-climbing threat of data breaches and cyberattacks. A recent research report released by eSentire found that indeed, vendors present a significant cyber risk to organizations. million business email compromise scam.

article thumbnail

Keeping Third-Party Risk First On The Cybersecurity (Risk) List

PYMNTS

The news that hit Friday afternoon that malware and ransomware were racing across the globe at a breakneck pace, infecting computers at companies across verticals and causing havoc, brought cybersecurity to top of mind, yet again. . And yet, even as technology advances, one size does not fit all, the duo agreed.

article thumbnail

e.l.f. Compliance Settlement Highlights Third-Party Supply Chain Risks

PYMNTS

The case highlights the risks and challenges companies face in not only vetting their suppliers, but vetting their suppliers’ suppliers, with third-party vendors a potential source of non-compliance for importers. The 156 shipments could have yielded a maximum fine of more than $40.8 million, reports said, but e.l.f.