Third-Party Risk

Cytracom Empowers Managed Service Providers with Tentacle Acquisition to Meet New Compliance Demands

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MSPs Face Rising Pressure from Compliance and Cyber Insurance Cytracom has acquired Tentacle, a cybersecurity and compliance management platform, to expand its Security Risk Management capabilities. The move targets the growing need among Managed Service Providers (MSPs) to support client compliance amid increased regulatory and insurer demands. Regulators and cyber insurers are intensifying scrutiny. MSPs … Read more

Cyber Risk Firm Resilience Expands Services for Large Enterprises With New Insurance Capacity

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Cyber Insurance Solutions Now Available for $10B+ Revenue Enterprises Resilience has extended its cyber risk capacity to enterprises earning more than $10 billion in annual revenue. The move gives broker partners expanded cyber underwriting options to protect against cyber threats. A new partnership with Accredited Insurance and a panel of global cyber reinsurers backs this … Read more

Third-Party Cyber Risk Drove Major Financial Losses in 2024, Resilience Finds

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Third-Party Risk Accounted for Nearly a Quarter of Material Claims According to new data from cyber risk firm Resilience, third-party risk became a leading cause of cyber insurance claims in 2024. The report found that vendor-related incidents accounted for 31% of all claims and nearly 23% of incurred losses. In 2023, third-party risk had no … Read more

SecurityScorecard Achieves StateRAMP Ready Status and Reaffirms FedRAMP Compliance

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As cyber threats targeting government supply chains increase, strong security standards like FedRAMP and StateRAMP ensure agencies can safely adopt cloud solutions. These cloud security certifications set clear cybersecurity requirements, helping federal, state, and local governments protect sensitive data and mitigate third-party risks. SecurityScorecard Expands Cybersecurity Compliance with FedRAMP and StateRAMP SecurityScorecard has achieved StateRAMP … Read more

Third-Party Cyber Risks Endanger Insurance Industry: 59% of Breaches Linked to Vendors

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A new report from SecurityScorecard reveals some interesting details about third-party cyber risks in insurance. Among them, 59% of insurance industry breaches stem from third-party attack vectors. These findings underscore vulnerabilities in the supply chain that expose critical policyholder data to cyber threats. The study analyzed 150 top insurance firms, revealing an industry struggling with … Read more

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