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Moving from the unknown to the known — an imperative for effective third-party cyber risk management

from IT Pro Portal

In today’s highly connected business ecosystem just about every business outsources some aspect of their operations. But it’s becoming increasingly difficult for organizations to ensure that third-party providers remain a source of strength for their business and don’t become a weak link for cybercriminals to exploit. As a result, managing third-party vendor cyber risk is fast becoming the defining cybersecurity challenge of our time. As organizations continue to increase the number and variety of suppliers they work with in the pursuit of competitive advantage, they have simultaneously exposed their enterprise network to the vulnerabilities of those partners. more

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