third-party data security Archives - Corruption, Crime & Compliance

15 Sep, 2019

Episode 108 — The Capital One Data Breach and Cybersecurity Vendor Risks

Capital One suffered a serious data breach as a result of the actions of one individual who downloaded nearly 30 GB of 100 million Capital One Financial Corporation credit applications from an Amazon cloud data server. The Capital One data breach underscores the risk of cyber breaches caused by a single bad actor who gained unauthorized access through Amazon’s could data server. This unfortunate data breach demonstrates...

General

10 Sep, 2019

Managing Third-Party Vendor Cybersecurity Risks (Part II of III)

We all know that businesses rely on a large number of third-party vendors to support their business operations. Many of these third parties require access to a company’s data and its internal information and technology systems. This digital fact of life creates a real cyber risk for illegal intrusions. Over half of all cyber-attacks are the direct or indirect result of third party access. Third-party...