Did you know that according to a 2021 report, 74% of organizations breached within the last 12 months attributed the exposure to granting too much privileged access to third parties? This alarming statistic highlights the critical need for effective cybersecurity strategies in managing vendor risks. In today’s interconnected business landscape, supply chain management relies heavily ...
Did you know that businesses worldwide suffer an estimated $4.24 million average cost for a data breach? With organizations increasingly relying on third-party relationships to drive value, the need to prioritize data privacy in third-party risk assessments has become more critical than ever. In today’s interconnected business environment, CEOs and senior executives are realizing the ...
Did you know that 63% of data breaches are linked to third-party vendors? Outsourcing products or services to a third party can pose a significant threat to your organization’s and customers’ data privacy. It opens the door for cybersecurity risks if the third-party vendor’s information security is insufficient and they experience a breach. To protect ...
Did you know that over 60% of data breaches occur through third-party vendors? That’s right – more than half of all cyberattacks on businesses are a result of vulnerabilities in their supply chain. When it comes to handling the confidentiality and security of sensitive data, there is no room for compromise. As companies increasingly rely ...
Did you know that 56% of organizations have experienced a security incident caused by a vendor or third party? Incident response plans are crucial for protecting your organization from the risks associated with vendors and maintaining supply chain security. These plans provide a roadmap for detecting, responding to, and mitigating the impact of security events, ...
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