Information Policy News

Cyber Law and Cybercrimes

2 mins 2 weeks

Automated retraining and deployment play a critical role in modern risk management systems, especially as businesses increasingly rely on data-driven models for decision-making. 

Risk management models, such as those used in finance, insurance, or cybersecurity, are susceptible to data drift, where the patterns in the data change over time. This can lead to a degradation in model performance if the models are not regularly updated. Automated retraining and […]

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3 mins 2 weeks

A risk matrix is a valuable tool in risk management, helping organizations identify, assess, and prioritize risks by evaluating their potential impact and likelihood.

The matrix is typically a grid, where one axis represents the likelihood of a risk occurring and the other axis represents the impact or severity of the risk. By plotting risks on this matrix, stakeholders can visualize the relative significance of each risk, enabling informed […]

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2 mins 1 mth

Data quality monitoring is a critical aspect of managing data assets, ensuring that the information used within an organization is accurate, reliable, and fit for purpose.

It involves continuous assessment and validation of data against predefined standards, identifying discrepancies, and taking corrective actions to maintain data integrity. At its core, data quality monitoring revolves around several key dimensions: accuracy, completeness, consistency, timeliness, and relevance. Accuracy ensures that the data reflects real-world […]

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2 mins 1 mth

Money laundering in cryptocurrency poses significant challenges in cyber risk management, as digital currencies offer anonymity, speed, and global reach, making them attractive for illicit activities.

The decentralized nature of cryptocurrencies, such as Bitcoin, complicates efforts to trace and regulate financial transactions, creating vulnerabilities that cybercriminals exploit. One primary concern is the use of cryptocurrency exchanges to convert illicitly obtained funds into legitimate assets. These exchanges, often lacking robust Know Your […]

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2 mins 1 mth

Endpoint security and IoT security are critical aspects of cyber risk management, aiming to safeguard devices and networks from malicious activities. 

Endpoint security focuses on protecting devices like laptops, smartphones, and tablets that connect to a network. It involves measures such as antivirus software, firewalls, and encryption to prevent unauthorized access and data breaches. Effective endpoint security ensures that every device accessing the network adheres to […]

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2 mins 1 mth

Zero Trust Security is a transformative approach in cyber risk management that departs from traditional perimeter-based security models.

It operates on the principle of “never trust, always verify,” emphasizing that no entity, whether inside or outside the network, should be automatically trusted. This paradigm shift addresses the vulnerabilities of conventional defenses, which often assume internal networks are secure once initial access is granted. […]

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3 mins 1 mth

Cloud transformation is the comprehensive process through which organizations migrate their operations, infrastructure, and services to cloud computing platforms.

This shift signifies more than just a change in IT infrastructure; it encapsulates a strategic evolution aimed at enhancing business agility, operational efficiency, and scalability. A central element of cloud transformation is the migration of applications and data to cloud environments like AWS, Microsoft Azure, […]

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4 mins 1 mth

Privileged Access Management (PAM) is a critical component in the overarching strategy of cyber risk management.

In today’s digital landscape, where cyber threats are increasingly sophisticated and frequent, the security of sensitive information and critical systems hinges significantly on how well privileged access is managed. Here’s why PAM is indispensable in mitigating cyber risks: Understanding Privileged Access Management Privileged access refers […]

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3 mins 1 mth

Risk-based authentication (RBA) and multi-factor authentication (MFA) are two advanced security measures used to enhance the protection of user accounts and sensitive data, each with distinct mechanisms and benefits.

Risk-Based Authentication (RBA): RBA dynamically adjusts the level of authentication required based on the risk profile of a particular login attempt. It evaluates various factors such as the user’s IP address, geolocation, device type, and login behavior patterns. If a login attempt is deemed suspicious—such […]

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