Four Steps to Third-Party Security Risk Mitigation
In a recent Ponemon survey, 56% of respondents reported a third-party breach in 2017. While third-party breach costs averaged $7 million, recent incidents suggest total losses are actually much higher. The famous Target and Home Depot breaches cost the companies a combined $500 million, making it clear mitigating security risks from third-party network access must be a top priority for organizations everywhere.
Ravi Das, Business Development Specialist for BiometricNews, shares:
The benefits and risks of third-party relationships
Common vendor vulnerabilities
A four-step program for third-party risk mitigation