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Third-Party Risk: More Third Parties + Limited Supply-Chain Visibility = Big Risks for Organizations
Summary
With cyber attacks on the rise, managing the risk originating from external vendors and partners is critical. Learn how security and IT leaders are using and managing third parties, the prevalence of data breaches, and their most common third-party risk management challenges in this CyberRisk Alliance Business Intelligence report, sponsored by AuditBoard.
Did you know? More than half of organizations experienced a third-party IT security incident in the last two years, according to a survey conducted by the CyberRisk Alliance — and of these incidents, 52% originated from a software vendor. These sobering statistics are part of a recent CRA research report, sponsored by AuditBoard, that surveyed over 200 security executives, directors, managers, and IT admins.
With third-party breaches continuing to escalate in velocity and impact, it’s no longer enough to secure internal assets; organizations must be doubly sure any sanctioned entity with network permissions does not become an unwitting conduit for malicious activity. However, managing third-party and supply chain threats remains a daunting task. See how your organization compares to the survey results in your free copy of Third-Party Risk: More Third Parties + Limited Supply-Chain Visibility = Big Risks for Organizations.