Companies Need To Develop Strategic Compliance Program Procedures to Control Third-Party Vendor Risks

Senior management in most organizations in varied market segments recognize they are becoming increasingly reliant on third-party vendors to support critical business functions, but with the providing access to a business’s internal networks comes cyber risks and data breach threats. It is estimated that more than 50% of businesses using third-party vendors have experienced a … Read more

Supply Chain Cyber Attacks Increased Over 600% This Year and Companies are Falling Behind

Most companies believe they are using no open-source software libraries with known vulnerabilities, but new research finds them in 68% of selected enterprise applications. In this regulatory and security centric business environment, the number of documented supply chain cyber security attacks involving malicious third-party components has increased over 600% the past year.  Currently, sitting at … Read more

The Critical Need for Expanding Third-Party Vendor Risk Management in Healthcare

In this regulatory and security centric healthcare environment, Hospital networks and healthcare providers are becoming more scrutinized than ever by government regulators about how organizations manage and evaluate risks of the vendors, suppliers and contractors in their supply chain.  Understanding how these regulations connect to third-party vendor risk is paramount to ensuring compliance, but also … Read more

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