Spotting Reputational Risk In Nontraditional Third-Party Relationships Ain’t So Yeezy
Third-party risk management efforts typically focus on software vendors and managed services providers. It's time to broaden that perception.
Get A Head Start On The National Cybersecurity Strategy
This blog outlines Forrester’s existing Security & Risk research to help organizations navigate, manage, and prepare their organizations for the implications of the National Cybersecurity Strategy.
The Third-Party Risk Questionnaire Equation Doesn’t Add Up: Right Intention, Wrong Execution
Perspectives From A Former CISO/CSO For my second blog in this series, I wanted to share my thoughts on one of my favorite subjects: third-party risk management (TPRM). More specifically, I’m going to primarily focus on the receiving side of the equation — i.e., responding to and dealing with external inquiries about your organization as […]
Introducing The CLM Landscape, 2023: Contract Management Gets A Dose Of Digitalization
All businesses rely on contracts. Unlike customer-facing functions, however, the software that powers the creation, execution, and management of these commercial obligations hasn’t made the shift toward digital … until now! In my new report, The Contract Lifecycle Management Landscape, Q1 2023, I looked at the 26 notable contract lifecycle management (CLM) vendors that procurement, […]
Make The Case For Concentrating On Concentration Risk
Unless you’re a floppy disk aficionado, Tom Persky isn’t likely to be a familiar name. Tom is what you’d call a “last man standing,” as he’s the only bulk seller of floppy disks left, and his business of recycling, stripping, and reselling floppy disks is booming. You may be thinking, so what? Do they still […]
The SEC’s Proposed Rule On Climate Disclosure Has Teeth, Leaving Supporters And Opponents Simultaneously Unhappy
The proposed pivot from suggestion to regulation will require companies to take climate risk seriously — and do a lot of math. All corporations that file with the SEC will need to be prepared.
NIST AI Risk Management Framework 1.0 — What It Means For Enterprises
Forrester provides guidance on how to succeed with AI governance with the NIST’s AI RMF 1.0.
Groundhog Day, SEC Style: Proposed Rule On Cybersecurity Risk Governance Has All The Pain Of SOX With Fewer Financial Penalties
There’s a significant shift ahead for how public firms and their boards treat cybersecurity risk. The last two years increased the amount of cybersecurity oversight in terms of regulations and guidelines. Voluntary “recommendations” such as the National Institute of Standards and Technology’s guidelines for AI offer a starting point for safer use of artificial intelligence, […]
Supply Chain Shortage Of Transformers: More Than Meets The Eye
They say the most inopportune time to buy an umbrella is when it’s raining. That’s exactly what’s happening now to US utilities companies scrambling to procure a critical component required to beef up or repair power lines just as the US hurricane season arrives. At the heart of the headache, for the fourth year in […]
Uneven Innovation At AWS re:Invent 2022
Some 14 Forrester analysts attended this year’s AWS re:Invent in Las Vegas. The conference was a mix of innovation in some areas — particularly compute and networking, along with a co-engineering approach to industry cloud — but plateaus in others, such as hybrid and edge. Efficiency and consolidation were underlying themes, from amping up AI/ML […]
How To Avoid The Ill-Fated Quest To “Fix” Global Supply Chains
Learn why “fixing” supply chain issues is less important than reducing the long-term risks that create the issues in this Security & Risk event preview.
Misguided Fear Of AI And Automation: A Classic Horror Story
Classic horror movie quirks closely resemble what we’re seeing in firms looking to innovate and differentiate yet are running from rather than toward AI and advanced automation.
The State Of Third-Party Risk In 2022: The Not-So-Subtle Art Of Keeping All Balls In The Air
New business priorities, strategic initiatives, and a plethora of new risks mean that security, risk, and compliance professionals must master the art of juggling.
North American Firms Are Filling Roles But Flail On Climate Action
Learn the two key differences in the sustainability goals of the top 50 North American corporations as compared to peers in other geographies.
Apply Critical Thinking And Culture To Reduce Insider Risk
Learn how to reduce the three most common types of insider threats in this Security & Risk event preview.
Amazon’s Success In Healthcare Hinges On Patient Experience And Trust
Amazon’s planned acquisition of One Medical presents a serious question surrounding patient data privacy.
Forget Quiet Quitting — Tech Whistleblowers Go Out With A Bang
When tech companies select people with ideals and integrity, they get people with ideals and integrity. When they behave in ways that betray those employees, they can expect rebellion.
Meta Pixel Fiasco Underscores Why Marketing And Risk Must Work Together
Marketing and risk share a common goal: building customer trust. By partnering, marketers and S&R pros can use the growing momentum around consumer privacy to grow customer trust.
Who’s Responsible For Cyber Insurance Policy Misrepresentations? It Depends.
On July 6, 2022, the Travelers Property Casualty Company of America (Travelers Insurance) filed a suit in an Illinois federal court against International Control Services, Inc. (ICS) asking for policy rescission and declaratory judgment against ICS. Travelers alleges that ICS misrepresented its use of multifactor authentication (MFA) on its policy application, which should be sufficient […]
Practice Empathy To Reduce Insider Risk
Companies announcing layoffs need to pay attention to insider risk. Showing compassion and communicating openly can help.