Cybercriminals Continue to Focus on Exploiting Vulnerabilities in the Supply Chain to Gain Backdoor Access to Organizations Systems and Critical Data

Cybercriminals and hackers have increasingly exploited vulnerabilities in industry standard IT and security tools, leading to major security incidents. Incidents across multiple market segments highlight how quickly liabilities in widely used management tools can become targets for both state-sponsored groups and ransomware operators, underscoring the importance of safeguarding against supply chain cyberattacks. Certainly, supply chain … Read more

Understanding and Implementing Third-Party Vendor Risk Management

Effective Vendor Risk Management (VRM) is crucial for mitigating risks and protecting your business’s reputation. This involves identifying potential third-party vendors, conducting thorough assessments, and continuously monitoring their performance. What is Vendor Risk Management? Vendor risk management is an ongoing process of due diligence carried out before and after engaging with third-party suppliers. It aims … Read more

AI Can Support Third-Party Vendors and Supplier Risk Management Challenges

Although Artificial Intelligence (AI) has been around for quite a while, the adoption and evolution of AI-related technologies has dramatically improved over the past year. AI can provide organizations with an easier way to manage third-party vendors and supplier risks and ensure compliance in this complex regulatory environment. Third Party Vendors: Opportunities and Challenges Organizations … Read more

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