The attacks of 2016 & 2017 revealed the scope of cyber warfare is limitless, that no individual, no organization and no region is impenetrable. Over these past two years, hackers have targeted a diverse array of institutions. The National Security Agency, the Federal Bureau of Investigation, and the presidential campaigns in both the United States and in France are a few of many organizations to have experienced data breaches.

                 Over the past year, cyberattacks have infiltrated hundreds of thousands of security systems, devastating government and infrastructure in more than 150 countries—including Spain’s telecommunications, Britain’s hospital system and Germany’s railways. Organization’s in the private sector aren’t left unscathed, as several Fortune 500 companies have experienced data breaches as well, such as FedEx and Nissan. Following the series of high profile attacks, organizations have become increasingly conscious of their own vulnerabilities.

According to SmallBizTrends cyber security report earlier this year, 60% of businesses will go out of business within 6 months of a cyber attack. Not because they can’t operationally keep the essentials of the business going, but more so because of the hefty costs associated with a breach.

       If you missed it, President Donald Trump signed an Executive Order to implement improved cybersecurity practices at the federal level including networks, critical infastructure and the Nation. The cyber community has mostly been pleased with the outlined plan to bolster the nations security posture and focus on protecting against cyber attacks.

Argos Risk, specialists in providing universal solutions for managing and monitoring B2B health and credit risk, today announced it has entered into a business partnership with ThirdPartyTrust of Chicago, IL. This partnership enables ThirdPartyTrust to incorporate from Argos Risk key business health information into ThirdPartyTrust’s SaaS-based vendor management platform.

New York’s DFS Cybersecurity Regulations in a Nutshell

The NY Department of Finance recently cast stringent and wide-reaching Cybersecurity regulations on banks, insurance companies, other financial services institutions, and anyone that does business with these types of entities in the state of New York.