Third-party security and risk assessments have always been important, but rapid digitization and outsourcing during the COVID-19 pandemic has brought the topic to even greater prominence. High-profile attacks are occurring as a result of third-party vulnerabilities and it’s becoming an increasingly talked about topic at board level, particularly in light of the SolarWinds attacks.
A thorough understanding of the risks within a supply chain will be essential going forward, with external customers and senior leadership within an organization wanting to be satisfied that third party partners are meeting security and regulatory compliance rules.
The traditional approach of sending questionnaires to companies is costly, time-consuming and often ineffective, particularly in the current landscape. In this Infosecurity Magazine webinar with CyberGRX, our head of Cyber Security Advisory and Consulting, Manoj Bhatt, joins a panel of experts to discuss how security and regulatory teams can conduct efficient and accurate assessments of the security vulnerabilities in third parties, as well as ensure data protection rules are being met.