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Data Breach at ‘Resident Evil’ Gaming Company Widens

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Apple Patches Three Actively Exploited Zero-Days, Part of iOS Emergency Update

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Source: https://threatpost.com/apple-patches-zero-days-ios-emergency-update/163374/

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Venminder’s Annual State of Third-Party Risk Management Whitepaper…

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The survey results confirm that the maturity of third-party risk management practices has continued to evolve and, notably, improve.

Venminder, a leader in third-party risk management solutions, revealed the results of their now fifth annual “State of Third-Party Risk Management Survey”. The survey of third-party risk professionals provides valuable insight into how organizations are managing the risks associated with doing business with third parties.

Third-party risk management was very much tested as an operational risk mandate, rather than simply a regulatory requirement in 2020. The pandemic pushed organizations to be more innovative, work remotely and rely more heavily on outsourced practices. The (still ongoing) COVID-19 pandemic has validated for many that third-party risk management is not just a regulatory issue, but a practical real-world consideration.

Key findings from the survey include:

  • Having enough internal resources is currently the #1 vendor management challenge
  • Sixty-nine percent have updated their vendor management policy in the last 12 months
  • Forty-six percent have between 1 and 2 employees dedicated to third-party risk management
  • Eighty percent have a formal process in place to determine criticality for all new vendors pre-contract
  • Sixty-eight percent classify 10% or less of their current number of vendors as “business critical”
  • Seventy-six percent have formal risk assessment processes in place to determine inherent risk and residual risk for all new vendors pre-contract
  • Seventy-five percent review/analyze high-risk or critical vendor documentation at least annually
  • The number one way the pandemic impacted vendor management processes was third-party risk professionals ensuring their vendors had adequate pandemic plans in place
  • Seventy-seven percent confirmed that the majority of their vendors were prepared and implemented pandemic plans without issues
  • Forty-six percent say that they experienced third-party cyber incidents during 2020, with forty percent being limited impact incidents

“The survey results confirm that the maturity of third-party risk management practices has continued to evolve and, notably, improve,” said James Hyde, CEO of Venminder. “The COVID-19 pandemic certainly drove heightened awareness in the need for well-managed practices and the importance in ensuring that your data is protected, whether it’s in your hands or a vendor’s and wherever it is – whether in a remote or office environment. This year’s survey results will provide many with important insight into the current state of third-party risk management as well as the ability to compare and benchmark their organizations’ processes against their peers.”

The full survey findings are available to download now on Venminder’s website by clicking here.

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About Venminder
Venminder offers a world-class SaaS platform that guides and streamlines third-party risk management. Venminder’s platform helps users collaborate on all things vendor-related and guides through critical processes such as oversight management, contract management, risk assessments, due diligence requirements, questionnaires, SLA management, vendor onboarding and more. Robust and configurable reporting can be generated from the tool to give clear visibility into the management and ongoing monitoring of third parties. Completed vendor risk assessments can be found in the Venminder Exchange and include thorough assessments of a vendor’s information security, SOC reports, contracts, financials, business continuity/disaster recovery and more. Venminder also powers Third Party ThinkTank, an online free community dedicated to third-party risk professionals. For more information, visit http://www.venminder.com.

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Source: https://www.prweb.com/releases/venminders_annual_state_of_third_party_risk_management_whitepaper_provides_insight_into_trends_and_best_practices_for_2021/prweb17688392.htm

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TeamLogic IT Ranked #19 on the Franchise Times Fast and Serious List

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“Our franchisees are the backbone of our success,” said Shapero. “We saw steady demand for the TeamLogic IT brand during 2020, and our franchise network continued to deliver essential IT services to the small- to medium-size businesses making us one of the most resilient businesses in our segment.”

TeamLogic IT Ranked #19 on the Franchise Times Fast and Serious List

Information technology franchise up six spots on 2020 list of smartest-growing franchises.

In its third year on the Franchise Times Fast & Serious list, TeamLogic IT, a franchise network of managed IT service providers, ranked #19, up six spots from 2019.

Providing information technology services on a subscription basis to small and medium-sized businesses, TeamLogic IT is well-positioned to capitalize on the popularity of outsourced IT. As TeamLogic, Inc. President and COO Dan Shapero stated in the magazine article, “Companies are relying on their IT more than ever before. The beauty of the subscription model is recurring revenue.”

TeamLogic IT grew sales and units 76% and 47.8%, respectively, from 2017 to 2019. The company continues to evolve its offerings as technology changes. Just two years ago, the company launched Cybersecurity Essentials, which is a bundle of services to counter the cyber security threat.

“Our franchisees are the backbone of our success,” said Shapero. “We saw steady demand for the TeamLogic IT brand during 2020, and our franchise network continued to deliver essential IT services to the small- to medium-size businesses making us one of the most resilient businesses in our segment.”

The company has also been recognized as the Channel Futures 2020 MSP of the Year and made the 2020 Inc. 5000 list of the fastest-growing private companies in America. This is the fourth year that TeamLogic, Inc. has made the Inc. 5000 list and the sixth year for the Channel Futures list.

TeamLogic IT experienced double-digit sales growth and expanded its footprint across the country to include more than 200 locations in 2020. The company was named a “recession proof” business by Franchise Business Review and continues to be attractive to entrepreneurs looking to start their own business even during the COVID-19 pandemic.

TeamLogic IT serves the technology needs of companies of all sizes, and is uniquely focused on proactive, preventative and responsive IT delivered with the highest commitment to quality customer service. The organization focuses on business first, then technology, so that its end-to-end solution fits the needs of any organization.

About TeamLogic IT
TeamLogic IT is a national provider of technology solutions that businesses rely on for best-in-class managed IT services. Local offices provide companies of all sizes with the IT support they need to minimize downtime and improve productivity. Services include proactive cybersecurity protection, cloud computing, backup and disaster recovery and business continuity. With 200 independently owned and operated locations across North America, TeamLogic IT fills the void in the marketplace for a trusted technology advisor.

The TeamLogic IT franchise opportunity appeals to entrepreneurial executives with experience in technology, business and sales management. Interested parties are encouraged to visit http://www.teamlogicfranchising.com.

Contact: Denise Denton, Vice President, Marketing (ddenton@teamlogicit.com) at 949-582-6300, or Dan Shapero, President (dshapero@teamlogicit.com) or visit http://www.TeamLogicIT.com, or http://www.teamlogicfranchising.com.

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Source: https://www.prweb.com/releases/teamlogic_it_ranked_19_on_the_franchise_times_fast_and_serious_list/prweb17688435.htm

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Nvidia Squashes High-Severity Jetson DoS Flaw

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The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.

Source: https://threatpost.com/nvidia-squashes-high-severity-jetson-dos-flaw/163360/

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