In March 2023, Congress introduced stricter cybersecurity rules for medical device manufacturers, significantly enhancing the FDA's regulatory authority. This pivotal change requires device makers to integrate comprehensive cybersecurity plans, monitor threats, and include a Software Bill of
Dec 18, 2024In today's digital and interconnected world, third-party vendors are intrinsic to organizational operations, spanning roles from payroll accountants to outsourced IT services and essential software solutions. However, these relationships also represent significant vulnerabilities; 41% of
Dec 13, 2024While the maritime industry has long been an essential pillar of global commerce, it faces daunting challenges as it continues to integrate advanced technology into its operations. The complexity of safeguarding vast networks connecting both onshore and offshore activities is only beginning to be
Dec 12, 2024The Depository Trust & Clearing Corporation (DTCC), a key post-trade market infrastructure entity for the global financial services industry, has released the results of its annual Systemic Risk Barometer Survey, shedding light on the significant concerns within the financial services sector.
Dec 11, 2024In a recent incident that has sent shockwaves through the technology and retail sectors, Blue Yonder, a prominent software supply chain company, is actively investigating a significant ransomware attack orchestrated by a newly emerged threat group known as Termite ransomware. On November 21, 2024,
Dec 11, 2024Safety professionals and risk managers in the manufacturing, construction, and service sectors spend considerable time ensuring their workers have both a physically and mentally safe workplace. Recent technology outages and cyberattacks demonstrate that safety professionals also need to consider
Dec 6, 2024