Ping Identity to be Acquired by Thoma Bravo for $2.8 Billion

acquisition Rohit Hajela August 08, 2022
Ping Identity to be Acquired by Thoma Bravo for $2.8 Billion

DENVER ,  August 3, 2022  /PRNewswire/ -- Ping Identity (NYSE:  PING ), provider of the Intelligent Identity solution for the enterprise, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading softwa…

At least 34 healthcare orgs affected by alleged ransomware attack on mailing service provider - OneTouchPoint

mailing Rohit Hajela August 08, 2022
At least 34 healthcare orgs affected by alleged ransomware attack on mailing service provider - OneTouchPoint

A ransomware attack on printing and mailing services provider OneTouchPoint is having several downstream effects on its customers, prompting it to release a data breach notice last week on behalf of 34 healthcare organizations. OneTouchPoint provide…

Managing third-party relationships is crucial to protecting your business

Mansoor Azhar August 01, 2022
Managing third-party relationships is crucial to protecting your business

The main benefits of managing third-party relationships are scalability, market expansion and growth opportunities. Collaborating with external parties such as suppliers, contractors and vendors brings these benefits but also exposes businesses to…

In a recent Information Technology (IT) survey, third-party risk management remained a growing and unmet challenge for large organizations

Mansoor Azhar August 01, 2022
In a recent Information Technology (IT) survey, third-party risk management remained a growing and unmet challenge for large organizations

The results of a recent survey of IT practitioners by critical access management provider SecureLink found that managing and monitoring third-party vendors with access to public schools’ networks and data remain a top area of concern for IT practi…

MSP provider Netstandard shuts down cloud services to fend off cyberattack

cyberattack Rohit Hajela July 28, 2022
MSP provider Netstandard shuts down cloud services to fend off cyberattack

A US managed service provider NetStandard suffered a cyberattack causing the company to shut down its MyAppsAnywhere cloud services, consisting of hosted Dynamics GP, Exchange, Sharepoint, and CRM services. According to an email sent to MyAppsAnywhe…

Spotlight on Canada’s approach to managing third party risk in the finance sector

News Rohit Hajela July 25, 2022
Spotlight on Canada’s approach to managing third party risk in the finance sector

Canada is the latest country to renew its focus on resilience with the Canadian regulatory body, the Office of the Superintendent of Financial Institutions (OSFI), currently consulting on  new expectations  for the way financial institutions manage …

Digital Security Giant Hit by Ramsomware - Jul 2022

entrust Rohit Hajela July 25, 2022
Digital Security Giant Hit by Ramsomware - Jul 2022

Digital security giant Entrust has confirmed that it suffered a cyberattack where threat actors breached their network and stole data from internal systems. Entrust is a security firm focused on online trust and identity management, offering a wid…

A story of evolution and challenges with Vendor Management, a critical discussion with Becky Newton, Director of Global Vendor Relationship Management

Ansys Rohit Hajela July 20, 2022
A story of evolution and challenges with Vendor Management, a critical discussion with Becky Newton, Director of Global Vendor Relationship Management

How we manage our critical vendors has changed over the course of many years and so have the roles that use to support it. In the past, many roles such as IT Asset Analysts, Business Analysts and Project Managers would typically help in man…

Gaming firm Razer sues IT vendor -Capgemini for nearly S$10 million in losses over leak of customers’ data

capgemini Rohit Hajela July 17, 2022
Gaming firm Razer sues IT vendor -Capgemini for nearly S$10 million in losses over leak of customers’ data

Gaming hardware maker Razer has sued Capgemini over a cybersecurity breach that led to confidential data of its customers and sales being leaked to the public. The data leak, which took place over three months from June to September 2020, made headl…

Challenges in Managing Suppliers

TVM Rohit Hajela July 06, 2022
Challenges in Managing Suppliers

V endor Management Challenges 1. Dealing with hundreds of vendors exposes the organization to various compliance and security risks. 2. Often Legal and Procurement teams have the access to Contracts, rest of the departments lack the visibility. 3.…

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