Top Requirements for Successfully Automating SOX: Part 2

High-Profile Data Breaches have placed a spotlight on the risk of cyber security breaches with vendors and subcontractors, expanding the need to have greater rigor in third-party risk management and ongoing risk assessments. By integrating third-party risk management systems with other enterprise systems, external data sources, and analysis and reporting applications, and organization can deliver significant benefits and centralize processes into a single, automated platform that standardizes workflows and reduces manual effort.

On this CPE accredited webinar our panel of experts will address how to strengthen your third-party risk management process for improved efficiency and effectiveness, and get more from your platform investment through automated integrations with a broader digital ecosystem. Attendees will learn:

- How integrations with external data sources accelerate the assessment process and improve security, financial, and reputation risk reviews,
- Where to connect to internal systems — ERP, GRC, CRM, Contracts, and more — throughout the third-party management lifecycle,
- The pros and cons of various integration methods and how to make a best-fit choice,
- How to strengthen and streamline your third-party risk management efforts.

Security practitioners around the world are struggling to cope with the challenges posed by remote workers during the COVID-19 pandemic. With all users working from home simultaneously, there is a tremendous load and increased security risks across private networks and the cloud. In light of more workers accessing data from the cloud, many organizations are taking a "zero trust" approach, including the use of solutions such as Privileged Access Management (PAM).

If your organization is just getting started with a Privileged Access Management (PAM) program, or you are focused on implementing advanced PAM strategies to align with a COVID-19 environment, this CPE accredited webinar will address what you need to know for data security. Our panel of experts will outline the key challenges and offer some clear recommendations that emphasize the critical role of people, processes and technology in effectively mitigating PAM risk, including:

- Tracking and Securing Every Privileged Account
- Governing and Controlling Access
- Recording and Auditing Privileged Activity
- Operationalizing Privileged Tasks
- Creating a Zero Trust environment

Companies work with third-party vendors to help them become leaner, more agile, flexible, and efficient, so they can go to market faster and beat the competition. However, onboarding remains the most time consuming and pressurized part of the process, as security leaders try to balance meeting the demands with the business with the fundamentals of good security. According to Gartner it now takes an average of 90 days to onboard a new vendor, 20 days longer than four years ago.

Furthermore, the recent large scale shift to work from home in response to COVID-19 has accelerated the adoption of new vendors as companies try to enable a newly remote workforce, adding even more pressure on third-party risk managers to onboard and operationalize third-parties faster than ever. Join BitSight’s Evan Tegethoff, Will Ricciardi, and Andrew Calo to learn how third-party risk managers can create faster, less costly and more scalable onboarding processes that enable the business to grow faster and become adaptive to a changing environment, including how to:

- Reduce time and cost to onboard new vendors
- Scale your program more efficiently
- Use tiering to prioritize your assessment process
- Use an adaptive process to monitor your vendors

In today's cybersecurity landscape, having continued visibility into your organization’s attack surface is essential to staying ahead of new and evolving threats. But as your digital ecosystem continues to expand, monitoring and mitigating cyber risk become increasingly difficult.

During this CPE webinar, BitSight’s Chris Poulin, a risk reduction and cybersecurity expert, will take a deep dive into how you can evaluate your current digital risk management efforts, identify gaps, and prioritize improvements.

Join us on Thursday, March 26, to learn how to:
●Validate and manage your digital footprint across various ecosystems
●Monitor for indicators of attack, compromise, and abuse
●Leverage business context to prioritize remediation efforts and allocate resources
●Initiate response plans to mitigate risks
●Track and communicate progress with objective data across environments
●Use risk intelligence to improve your security posture

As organizations evolve and become more connected, their reliance on third-party ecosystems continues to grow. While these business relationships undoubtedly add value, they also introduce significant new risk and compliance challenges. The third-party risk management process is complex and involves more stakeholders and data sources than many people may think including: cyber risk information, supply chain, financial, IT, compliance, legal, and privacy risk data. But even with loads of available data, it’s extremely difficult for risk teams to know how to prioritize risk and focus remediation and response efforts without the proper context or processes.

As a result risk management teams are turning to governance, risk, and compliance (GRC) solutions to help centralize all of this information in order to gain a more holistic view of their third-party ecosystem. Cyber third-party risk data is a critical piece of the puzzle to a holistic third-party risk program within a GRC solution. Having access to a threat-centric view of cyber risk provides risk management teams with real-time insights that enable them to make faster, more confident decisions and effectively manage third-party risk.

On this CPE accredited webinar our panel of experts will address how to bring threat intelligence into the third-party risk management process and discuss:

- The importance of holistic risk management and sustainable ongoing monitoring,
- How to incorporate external content sources and create a centralized data repository for a more holistic view of your vendors,
- Ways to advance your third-party risk maturity with threat intelligence.

GRC is neither a project nor a technology, but a corporate objective for improving governance through more-effective compliance and a better understanding of the impact of risk on business performance. GRC can vary dramatically depending on the businesses vertical market, and even further complexity can be found from one business unit to another. This complexity drives the need for different, highly specialized tools, which raises a huge set of cost, integration, and management issues.

To address this challenge, many businesses are opting for an automated GRC (eGRC) solution, which aims to resolve the challenges associated with scattered and disconnected operational security processes through the centralization of data, alignment of processes and workflows, and clear enterprise-level visibility with trend and analysis metrics and reporting. The benefits of Automating GRC are substantial when businesses have a mature GRC program in place. Attend this expert CPE webinar to gain insights on:

- Understanding the GRC Business Drivers.
- Defining Your GRC Strategy.
- Developing a GRC Roadmap that is aligned with the Mission, Value, and Strategic Agenda of Your Business.
- Getting Leadership Support and Enabling Cross-Departmental Collaboration.

The enterprise cybersecurity landscape is dramatically expanding in scale and complexity, and cyberattacks are growing in magnitude and impact as digital transformation increases on a global scale. From phishing scams, to ransomware attacks, to malicious breaches from state actors, the potential threat to your business is huge. According to the Ponemon Institute, the average per breach cost to a company in 2018 was estimated at $3.86 million, an increase of 6.4 percent over the previous year.

Even though cybersecurity presents a challenge to the enterprise, you are not helpless against the bad actors who seek to cause real and costly damage to your business. A proactive, company-wide, integrated digital security strategy that addresses cybersecurity threats at all levels of your business will provide you with both the offensive and defensive capabilities you need to handle whatever comes your way. Earn 1 CPE credit by attending this educational and interactive panel webinar. Our experts will discuss why fortifying your cybersecurity strategy should be a critical priority and highlight some best practices that you can employ to stay ahead of evolving threats, including how to;

- Understand the changing cyberattack landscape,
- Create a company-wide cybersecurity task force,
- Evaluate your security budget against your threat level,
- Fortify your cybersecurity defense with systems hardening, adaptive authentication, and endpoint protection.

The California Consumer Privacy Act of 2018 (CCPA) is arguably the most expansive privacy law in U.S. history and will become enforceable in just a matter of months. The CCPA introduces new privacy rights for consumers and will force companies that conduct business in the State of California to implement structural changes to their privacy programs.

The new rights given to California consumers are similar to the rights provided in the European Union’s General Data Protection Regulation (GDPR). The CCPA also subjects non-compliant businesses to expensive fines, class-action lawsuits, and injunctions.

On this webinar, we will examine the impact of the CCPA, answer your burning questions, uncover the CCPA’s nuances, and address its ambiguities and challenges. We will also include strategies for creating compliance programs in the midst of the unknowns, and a strategic action plan for businesses to become compliant.

Learning objectives are to gain insights on:

•Identify which companies are impacted by the CCPA and what rights it gives to consumers.
•Analyze the differences between the CCPA and the GDPR.
•Develop a plan to become CCPA compliant.
•Estimate the costs and benefits of achieving CCPA compliance.

High-Profile Data Breaches have placed a spotlight on the risk of cyber security breaches with vendors and subcontractors, expanding the need to have greater rigor in third party risk management and ongoing risk assessments. Maintaining an effective third-party risk management program doesn't happen overnight. It's a journey that involves continual learning, refinement and evolution.

And as a program matures over time, it results in the management of vendors and other third parties with fewer risks, lower costs, better performance and stronger compliance. Since every company is at a different place in their journey towards better vendor management, it's important to identify steps that you can follow as you mature your program, and to consider your vendor risk ecosystem and the data and services that can have an enormous impact on risk reduction. On this CPE accredited webinar our panel of experts will address some key steps to mature your third-party risk management program, including how to:

- Create a third-party risk-management maturity roadmap.
- Connect with enterprise systems to create a centralized data repository and enable seamless vetting activities across processes
- Incorporate external content sources for a more wholistic view of your vendors plus more sustainable ongoing monitoring
- Strengthen and streamline your third-party risk management efforts.

The California Consumer Privacy Act goes into effect January 1, 2020. If you are a for-profit company operating in the state of California, you need to have the right processes in place to support CCPA privacy requirements – or face stiff penalties. Are you ready?

Attend this CPE accredited webinar to understand what is required by the CCPA, what you need to do now to prepare, how it relates to the rest of your compliance program, and what other privacy laws are on the horizon.

You’ll learn:

- What types of companies are affected by CCPA
- How CCPA compares to GDPR
- How technology can help you comply with privacy laws

Consumer demand is driving the corporate IT environment. Business demands for IT are changing rapidly — so too are the demands on IAM — resulting in the requirement to adopt emerging technologies (e.g., mobile and cloud computing, data loss prevention, and social media) earlier and more quickly. Scalability is critical for any business that wants to catalyze short- and long-term success. A flexible workflow for identity verification can help organizations of all sizes with limited time, resources, and funding to focus their efforts on initiatives that support positive growth. While your business might be conducting background checks today, it could have different verification needs in the future to ease onboarding friction, prevent data breaches, and demonstrate regulatory compliance.

It’s important to begin laying the groundwork now for a more sophisticated and intricate verification program so you can be proactive, not reactive, but what does a scalability strategy look like? In this CPE accredited panel webinar our experts will address how to create identity and credential verification workflows that can scale with your organization as it grows, including how to:

- Gain a better understanding of the digital identity landscape,
- Ensure accuracy of both data sources and verification records,
- Centralize verification of multiple data sources into a unified platform,
- Evaluate new developments like biometrics, AI, and blockchain, and how they can impact identity and data management,
- Save money in the long-term by laying the groundwork for adaptable online verification workflows,
- Adapt and respond to new regulations.

The current state of vendor risk management (VRM) is bleak. More than half of all information security breaches are caused by third-party vendors, and according to Deloitte 83% of today’s business leaders lack confidence in third party VRM processes. Given the growing complexities in accurately collecting and screening third-party data and the need for deeper due diligence, automation is key to a successful risk program. However, many corporations haven’t adopted automation in their third-party risk management programs.

The lack of automation adoption can be traced to a few core reasons. Disparate systems, out-of-date data, and inconsistent policies can all stifle a company’s ability to modernize their third-party risk management program, and companies often suffer from more than one of these. When applied effectively, automation can not only help prevent these roadblocks; it can also drive the efficiencies procurement and compliance leaders are looking for. Join this CPE accredited panel webinar as our expert panel address some key steps to automating third-party risk management, including how to:

-Manage an up-to-date vendor master to create one source of truth across the entire corporation,
-Leverage automation and machine learning to standardize data governance,
-Drive efficiencies and reduces costs, while ensuring the highest accuracy in your third-party risk management program.

Today’s increasing organizational complexity and evolving threat environment have made it more critical than ever for organizations to clearly identify their exposures, measure vulnerability risk, and quickly prioritize remediation efforts. Cyberattacks are often hidden from view under a mountain of alerts generated by security systems, giving attackers time to gain access to systems and seize valuable data.

To ensure their companies don't end up in the headlines for the wrong reasons, corporate governance, risk management, compliance management and other “lines of defense” functions need to rethink their security strategy and take an approach that looks at behavior and attack patterns. By conecting cybersecurity attack analytics with risk programs and GRC work streams, executives can increase visibility into the overall security risk of the organization which makes the investigation of application security events easy, and enables teams to mitigate and respond to real security threats quickly and decisively.

Join this CPE panel webinar for insights on achieving smarter GRC with CAA. We will share:

- Why traditional endpoint security is failing to see and stop attacks.
- How using attack analytics can stop cyberattacks now and in the future.
- Efficient ways to analyze events and prevent threats.
- How to move from looking back to real-time and forward-looking GRC monitoring.