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Another area undergoing considerable change is third party risk management. What does the next year have in store for third party risk management? Considering this for Digital Journal is Brad ...
Hackers exploit the trust relationships between organizations and their third-party suppliers and vendors ... is essential to reducing the risk, though some threats are nearly impossible to ...
As a result, organizations are left more vulnerable to third-party risk for thinking they have done their due diligence. All cyber risk management is at an inflection point, and it’s coming for ...
According to Grand View Research, the global third-party risk management market size was estimated at $7.42bn in 2023 and is expected to grow at a compound annual growth rate of 15.7% from 2024 to ...
In today’s economy, the need to construct a third-party cyber risk management program (TPCRM) program for the current workforce cannot be understated. Every organization must recalibrate their ...
Many small- to medium-sized enterprises do not have a robust third-party risk management program in place — whether internal or led by an outside service provider — often because they don’t fully ...
Third-party risk management is a significant CISO challenge with deep business consequences. When a key third-party supplier succumbs to cyberattack, operations can grind to a halt. In healthcare ...
The time of risk management being exclusive to a single organization is long gone, making managing third-party risk an even greater priority for leaders. But when IT and security resources are ...
As a result, they also bring risk and potential security issues to their partners. That’s why it’s imperative for security teams to implement a holistic approach to third-party management (TPM). In ...