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How GRC protects the value of organizations — A simple guide to data quality and integrity

How GRC protects the value of organizations — A simple guide to data quality and integrity

Sep 13, 2022
Contemporary organizations understand the importance of data and its impact on improving interactions with customers, offering quality products or services, and building loyalty. Data is fundamental to business success. It allows companies to make the right decisions at the right time and deliver the high-quality, personalized products and services that customers expect. There is a challenge, though. Businesses are collecting more data than ever before, and new technologies have accelerated this process dramatically. As a result, organizations have significant volumes of data, making it hard to manage, protect, and get value from it. Here is where Governance, Risk, and Compliance (GRC) comes in. GRC enables companies to define and implement the best practices, procedures, and governance to ensure the data is clean, safe, and reliable across the board.  More importantly,  organizations can use GRC platforms like StandardFusion  to create an organizational culture around security.
Experts Reported Security Bug in IBM's Db2 Data Management Software

Experts Reported Security Bug in IBM's Db2 Data Management Software

Aug 20, 2020
Cybersecurity researchers today disclosed details of a memory vulnerability in IBM's Db2 family of data management products that could potentially allow a local attacker to access sensitive data and even cause a denial of service attacks. The flaw ( CVE-2020-4414 ), which impacts IBM Db2 V9.7, V10.1, V10.5, V11.1, and V11.5 editions on all platforms , is caused by improper usage shared memory, thereby granting a bad actor to perform unauthorized actions on the system. By sending a specially crafted request, an attacker could exploit this vulnerability to obtain sensitive information or cause a denial of service, according to Trustwave SpiderLabs security and research team, which discovered the issue. "Developers forgot to put explicit memory protections around the shared memory used by the Db2 trace facility," SpiderLabs's Martin Rakhmanov said. "This allows any local users read and write access to that memory area. In turn, this allows accessing critic
The Drop in Ransomware Attacks in 2024 and What it Means

The Drop in Ransomware Attacks in 2024 and What it Means

Apr 08, 2024Ransomware / Cybercrime
The  ransomware industry surged in 2023  as it saw an alarming 55.5% increase in victims worldwide, reaching a staggering 5,070.  But 2024 is starting off showing a very different picture.  While the numbers skyrocketed in Q4 2023 with 1309 cases, in Q1 2024, the ransomware industry was down to 1,048 cases. This is a 22% decrease in ransomware attacks compared to Q4 2023. Figure 1: Victims per quarter There could be several reasons for this significant drop.  Reason 1: The Law Enforcement Intervention Firstly, law enforcement has upped the ante in 2024 with actions against both LockBit and ALPHV. The LockBit Arrests In February, an international operation named "Operation Cronos" culminated in the arrest of at least three associates of the infamous LockBit ransomware syndicate in Poland and Ukraine.  Law enforcement from multiple countries collaborated to take down LockBit's infrastructure. This included seizing their dark web domains and gaining access to their backend sys
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