Category Archives: Vendor Management

Third-party access: The overlooked risk to your data protection plan

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A recent IBM Cost of a Data Breach report reveals a startling statistic: Only 42% of companies discover breaches through their own security teams. This highlights a significant blind spot, especially when it comes to external partners and vendors. The financial stakes are steep. On average, a data breach affecting multiple environments costs a whopping […]

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Most organizations want security vendor consolidation

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Cybersecurity is complicated, to say the least. Maintaining a strong security posture goes far beyond knowing about attack groups and their devious TTPs. Merely understanding, coordinating and unifying security tools can be challenging. We quickly passed through the “not if, but when” stage of cyberattacks. Now, it’s commonplace for companies to have experienced multiple breaches. […]

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Using Vendor Management to Defend Against Supply Chain Attacks

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Supply chain attacks are growing more common. According to the Identity Theft Resource Center (ITRC), there were just 19 supply chain attacks in the final quarter of 2020. In the following quarter, that volume grew to 27 attacks — an increase of 42%. Those incidents in Q1 2021 affected 137 U.S. groups and a total […]

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Adopting Microsegmentation Into Your Zero Trust Model, Part 2

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This is the second part in a series on zero trust and microsegmentation. Be sure to check out Part 1 here. Organizations are increasingly using a zero trust approach combined with microsegmentation to carefully balance the needs of security and access. Companies work with most vendors on a purely transactional basis — those vendors simply […]

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Cybersecurity Operations: 5 Ways to Cut Costs Without Pain

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Cybersecurity frameworks are notoriously expensive to build and maintain. And, business leaders are frequently dissatisfied with their effectiveness. According to research conducted by the Ponemon Institute, enterprises spend an average of $2.86 million per year on their in-house security operations center (SOC), with more than half of those costs allocated to labor. Yet, barely more than […]

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Vendor Management: 7 Tips for Security During Remote Work

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Third-party vendor management can be a risk to an organization’s data and network security. Enterprises depend on vendors to use security best practices that meet company standards while using their services when they have access to the company network. But that was when most people were working from their company’s physical place of business and […]

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82 Percent of Organizations Still Use Spreadsheets to Manage Third Parties

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A main tenet of managing vendor risk is knowing your third parties. A recent study by Forrester Research reported that four out of five organizations still use spreadsheets to inventory, assess, and manage third-party relationships. Find out where org… Continue reading 82 Percent of Organizations Still Use Spreadsheets to Manage Third Parties→

Change the Security Conversation to Help Advance Your Business

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By changing the cultural definition and conversation around security, business leaders can better reduce complexity in security ecosystems, orchestrate security responses and embrace open source.

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Setting Up a Vendor Management Program

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Vendor management is a process or solution that allows organizations to optimize and secure the introduction and ongoing operations of third-party service providers into their business operations. An ideal platform provides centralized management of a… Continue reading Setting Up a Vendor Management Program→

5 Must-Haves for Your Next Managed Security Services Provider (MSSP)

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With a modern managed security services provider (MSSP), organizations can gain the specialized skills needed to cost-effectively protect against the increasing range, volume and severity of threats.

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