A key activity in setting up any new relationship with a third party is to assess any cyber risks to decide whether it is safe to proceed. A cyber risk assessment also ensures that both parties can agree on terms and conditions in any agreements related to managing cybersecurity risks.
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SaaS Security Posture Management (“SSPM”) is a new Gartner category defined as “tools that continuously assess the security risk and manage the security posture of SaaS applications.”
The key component of the revised Guidelines is reinforcing the “importance of incorporating security controls” in technology development and delivery lifecycle, as well as in the deployment of emerging technologies. It spells out that third-party services are to be assessed and managed ongoingly.
Detexian is not my first rodeo in a start-up. Back in 1999 after only 1 year from Design college graduation, I started my own business in web design and development in Perth, Australia. It was during the dot com boom, I was way too confident back then, thinking that it would be a walk in a park and in a way, for the first few years or so, it did feel like that. Armed with a design award that I won and multiple job offers from interstate and overseas, my ego was at an all-time high, I thought I knew it all.
If you’re a B2B business looking to or already supplying to large organisations, you will probably have noticed an uptick in the number of questions and the “proof” of information security controls asked of you for systems that host business critical and customer sensitive data.
The topic of discussion was centered around opportunities and challenges arising from fast-paced SaaS adoption across businesses and industries, and how the role of IT has evolved as a result.