Managing Third-Party Vendor Cybersecurity Risks (Part II of III)
In part 2 of his series on the cybersecurity risks in compliance, Michael Volkov addresses how companies can manage cyber with their third-party vendors. “Over half of all cyber-attacks are the direct or indirect result of third party access,” Volkov writes. “Given this fact of corporate life, companies have to manage these risks by ensuring third-party access to sensitive data is restricted to only that which is needed to provide a specific service. Third-party due diligence for cyber risks has to focus on some weighty issues.”
