Risk Mitigation Archives

Arm’s Length Transactions: A Strategic Guide for C-Suite Executives

16 December 2024 by

An arm’s length transaction represents a business deal in which buyers and sellers operate independently and have no pre-existing relationship, ensuring that neither party exerts undue influence over the other. This concept is widely respected across industries as it aims to create a level playing field, facilitating fair market value and transparency. For C-suite executives, understanding arm’s length transactions is fundamental, as these transactions protect the business’s integrity and foster trust among stakeholders.

Anti-Dilution Provisions in Convertible Preferred Stock: Safeguarding Ownership for Investors

15 December 2024 by

Anti-dilution provisions are contractual protections that safeguard investors’ proportional ownership in a company. Specifically, they are clauses often embedded in convertible preferred stock agreements. In practice, these provisions allow investors to avoid dilution of their ownership percentage if the company issues new shares at a lower price than what the investors initially paid.

Cryptographic Failures: Understanding Risks, Implications, and Mitigations for the C-Suite

11 December 202411 December 2024 by

Cryptography is the science of securing information and communications by encoding data so that only authorised parties can access it. Cryptographic mechanisms underpin various corporate processes, from securing customer data and enabling secure transactions to protecting intellectual property and ensuring secure internal communications. As businesses digitise their operations, cryptography becomes a cornerstone of data protection and regulatory compliance.

Cryptographic failures occur when encryption mechanisms fail to secure data as intended. This can happen due to flaws in cryptographic protocols, poor implementation, or the use of obsolete algorithms.

The OWASP Top 10 – 2021: A Comprehensive Guide for Software Developers and Security Analysts

8 December 2024 by

OWASP’s Top 10 is more than just a list; it’s a guiding light for secure software development and security testing. For executives and business owners, ignoring these risks can lead to catastrophic breaches, impacting reputation, customer trust, and profitability. The OWASP Top 10 addresses these risks, serving as an essential framework for developers and security professionals to build and maintain secure systems.

Key Recovery Attacks: Safeguarding Encryption Keys in the Digital Age

5 December 2024 by

Key recovery attacks refer to attempts by malicious actors to retrieve encryption keys used to secure data within an organisation. By obtaining these keys, attackers can decrypt sensitive information, impersonate legitimate users, or perform unauthorised operations, leading to potential data breaches and other cyber risks. These attacks typically target encryption keys stored insecurely, in compromised systems, or within weakly protected environments.