When it comes to building a security program, one of the most frequently overlooked areas is that of vendor management. Organizations focus significant resources on internal security, such as vulnerability scans, centralized log management, or user training, while not extending the same diligence towards their third-parties. Organizations end up trusting the security of their network and data to an unknown and untested third-party.
As we all know, a chain is only as strong as its weakest link. If an organization cannot verify the security of its third-parties, then it has introduced the potential for risk and reduced the information assurance of their system. It is essential to realize that even if the cause of a breach is due to a third-party, it is still your company’s name and brand that is at risk.
The potential cost associated with a breach can include:
Fines
Loss of trust
Brand damage
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Posted by: Zachary Curley |
The post Why vendor management is a cornerstone of security appeared first on Cybersecurity Insiders.
February 18, 2020 at 09:08PM
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