Why Managing Third Party Risk is a Vital Part of Your Security Strategy

Are you managing the risk posed by your third parties are a part of your overall security strategy? If not, creating a third-party risk management (TPRM) program should be at the top of your list for 2021\. Why? Because in an increasingly interconnected world, nation state and sophisticated cyber syndicates have realized that third party vendors are the easiest weak point in even the strongest cybersecurity programs, since organizations typically have very limited insight into the security performance of their vendors. Creating a program that gives you continuous visibility into the current security posture of your vendors is one of the easiest things you can do to dramatically increase the overall security of your organization. Join BitSight and (ISC)2 on January 7, 2021 at 1:00pm GMT for a discussion on third party risk management where we’ll examine: · Why third-party risk management is necessary in today’s business world · Why you should focus on vendor risk instead of vendor threats · How to set up a best-in-class TPRM program · Why vendor assessments alone are not enough