EDGAR
EDGAR stands for Electronic Data Gathering, Analysis, and Retrieval system. It is the primary system companies and others use to submit documents to the U.S. Securities and Exchange Commission (SEC). These documents include mandatory filings like annual reports (10-K), quarterly reports (10-Q), and current reports (8-K), which contain a wealth of information about a company's financial performance, governance, and risk factors.
Relevance to Security and Risk Management:
EDGAR plays a crucial role in security and risk management in several ways:
Transparency and Disclosure: EDGAR mandates the disclosure of material information that could affect investors' decisions. This includes information about a company's cybersecurity risk management program, data breaches, and other security incidents. This transparency helps investors assess a company's security posture and make informed investment decisions.
Due Diligence: Security and risk professionals can use EDGAR filings to conduct due diligence on potential investments, vendors, or partners. Analyzing filings, they can identify possible red flags related to cybersecurity, financial stability, legal compliance, and other risk factors.
Competitive Intelligence: EDGAR filings can provide valuable insights into competitors' security practices and risk management strategies. This information can help organizations benchmark their security programs and identify areas for improvement.
Early Warning System: Monitoring EDGAR filings can help organizations stay ahead of emerging threats and vulnerabilities. For example, if a company discloses a data breach, other organizations can learn from their experience and take steps to prevent similar incidents.
Regulatory Compliance: EDGAR filings help ensure that companies comply with SEC regulations related to cybersecurity disclosure, which promotes investor confidence and market integrity.
Key EDGAR Filings for Security and Risk Management:
Form 10-K (Annual Report): Provides a comprehensive overview of a company's business, financial condition, and risk factors, including cybersecurity risks.
Form 10-Q (Quarterly Report): Updates investors on the company's financial performance and any material changes in its risk profile.
Form 8-K (Current Report): Used to disclose material events, such as cybersecurity incidents that may affect investors.
By leveraging the information available on EDGAR, security and risk management professionals can gain valuable insights to make informed decisions and enhance their organization's security posture.
ThreatNG's capabilities complement EDGAR's security and risk management by providing a proactive, comprehensive, and dynamic approach. Here's how ThreatNG enhances and interacts with EDGAR:
1. Proactive Risk Identification:
EDGAR: Provides a retrospective view of risks based on reported data. Companies may not disclose vulnerabilities or incidents until they are required to.
ThreatNG: Actively scans the external attack surface, including the deep and dark web, to identify potential threats before they become incidents. This allows for proactive mitigation and reduces the likelihood of needing to file an 8-K report for a security incident.
2. Comprehensive Risk Assessment:
EDGAR: Focuses primarily on financial and regulatory risks. Cybersecurity disclosures are increasing but may not capture the full scope of an organization's security posture.
ThreatNG: Offers a holistic view of an organization's risk profile by assessing various factors such as BEC & phishing susceptibility, brand damage, data leaks, and supply chain exposures. This complements EDGAR's financial disclosures with a detailed security assessment.
3. Continuous Monitoring:
EDGAR: Relies on periodic filings, leaving gaps in visibility between reporting periods.
ThreatNG: Provides continuous monitoring of the external attack surface, enabling detection of emerging threats and vulnerabilities. This dynamic approach complements EDGAR's static reports with up-to-date information.
4. Enhanced Due Diligence:
EDGAR: Offers valuable information for due diligence, but it may not reveal hidden risks or vulnerabilities.
ThreatNG: Supplements EDGAR filings with in-depth analysis of an organization's security posture, including dark web presence, social media activity, and exposed code repositories. This helps identify potential red flags that may not be apparent in EDGAR filings.
5. Actionable Intelligence:
EDGAR: Provides information for analysis but may not offer specific remediation guidance.
ThreatNG: Delivers actionable intelligence with prioritized recommendations and evidence-based questionnaires to facilitate cross-functional collaboration and efficient risk mitigation.
Examples of ThreatNG modules complementing EDGAR:
Domain Intelligence: ThreatNG can identify vulnerabilities in a company's domain infrastructure that may not be disclosed in EDGAR filings. This could include subdomain takeover vulnerabilities, exposed APIs, or weak security configurations.
Sensitive Code Exposure: ThreatNG can detect exposed code repositories containing sensitive information like API keys or credentials. Although this information may not be explicitly mentioned in EDGAR filings, it could pose a significant security risk.
Dark Web Presence: ThreatNG can monitor the dark web for mentions of the organization, leaked credentials, or planned attacks. This provides early warning of potential threats that may not be reflected in EDGAR filings until after an incident occurs.
Sentiment and Financials: ThreatNG can analyze social media and news sources for negative sentiment or financial distress that could impact the organization's security posture. This complements EDGAR's financial disclosures with sentiment analysis.
Working with Complementary Solutions:
ThreatNG can integrate with other security tools, such as SIEMs, vulnerability scanners, and threat intelligence platforms, to provide a comprehensive security ecosystem. This integration allows for automated threat response, streamlined workflows, and enhanced situational awareness.
ThreatNG's capabilities significantly enhance security and risk management by complementing EDGAR's disclosures with proactive, continuous, and comprehensive risk assessment. This enables organizations to identify and mitigate threats more effectively, reduce risk exposure, and improve their overall security posture.