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Whitepaper: Third-Party Risk to the Nth Degree

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Full article109 words · extracted from helpnetsecurity.com · click to collapse

For many, cost-effective scalability usually means outsourcing some or all of your business functions to a complex web of third-party vendors.

whitepaper third-party risk

The Third-Party Risk to the Nth Degree whitepaper provides quantitative and contextual measures by which your organization can compare current practices and investment to help mitigate third-party risk.

Key findings

  • 44 percent of organizations revealed that they had experienced a third-party-related data breach in the last year.
  • 33 percent of organizations cited lack of internal resources as a challenge in evaluating third-party vendors.
  • 48 percent of organizations that experienced a third-party breach reported significant business consequences (reputational damage, discontinued business, financial loss).

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Text extracted automatically; images, tables and formatting may be missing. Original: https://www.helpnetsecurity.com/2019/04/23/whitepaper-third-party-risk-to-the-nth-degree/