Learn how to understand, measure, and manage third-party cyber risks
Third-party cyber risks, also known as digital supply chain risks, impact all organizations, especially those that:
- Use and/or rely on technology vendors to power day-to-day operations.
- Entrust confidential information on clients and employees to a third-party vendor.
- Rely on a third-party vendor for specific goods and services.
According to a recent SecurityScorecard study, at least 29% of all breaches were attributable to a third-party attack vector, meaning the core risk originated outside of the organization. Of these, 75% involved software or other technology products and services, with the remaining 25% stemming from non-technical products or services. These statistics highlight the digital interconnectivity across the supply chain — and the risks inherent within those relationships.
As recent headlines and Marsh’s claims advocates indicate, these types of attacks are increasing, highlighting how business-critical it is for your organization to understand, measure, and manage your third-party cyber risks.
