Tag: vendor risk management
5 articles
Cyber Risks: Must-Have Legal Steps for Best Protection
Cyber risks start small but can become courtroom drama—treat them as legal risks: embed lawyers in governance, tighten contracts and vendor controls, and document AI and BYOD policies before an incident forces your hand.
data breach Shocking Harrods Supplier Risky Scandal
Harrods says a third‑party supplier caused a breach that exposed about 430,000 customers, but that blame game leaves people hungry for clear details on what was taken and how they’ll be protected. As trust frays, customers and regulators will demand better transparency and tighter vendor oversight.
Salesloft breach: Exclusive Risky Lawsuit Fallout
Salesforce now faces a wave of lawsuits after customer data stolen from Salesloft surfaced in identity‑theft schemes, sparking a heated debate over who’s liable when third‑party integrations expose sensitive information. The outcome could reshape how platforms, vendors, and customers share responsibility for security in a cloud‑first world.
Stellantis customers Risky Vendor Leak Must-Have Fix
Stellantis says a third-party vendor hack exposed some customer names and email addresses—no financial or vehicle data—but the breach still leaves customers and regulators wondering whether outsourcing kept their information safe. Even seemingly low-risk leaks can fuel phishing and fraud, underscoring the need for stronger vendor security and clearer accountability.
ShinyHunters cybercrime group: Critical Exclusive Threat
When your bank calls about a transaction you didn’t make, it’s a stark reminder that the ShinyHunters cybercrime group is now homing in on banks, fintechs and their vendors to harvest credentials and personal data for large-scale fraud. Institutions must act fast—tightening credential defenses, shoring up vendor security, and boosting detection—to protect customers, reputation and regulatory standing.