New Guide: Automating Third-Party Cyber Risk Management
The vast majority of organizations work with third parties, but they also must be attentive to the potential cyber risks that suppliers may bring. Since hiring suppliers effectively increases an organization’s attack surface, a thorough cyber risk assessment process must be put in place to check third-party cyber posture and remediate any cyber gaps. Failure to do so can result in hefty regulatory fines, legal feels, lost business and reputational damage.
The problem is that an effective and comprehensive third-party assessment process can demand significant time and resources. While checking security is clearly essential, doing so can become a business blocker when the process is lengthy, expensive and inefficient.
But it doesn’t have to be that way. In our most recent CISO’s guide, “Automating Third-Party Cyber Risk Management,” we present seven key steps to help you scale a comprehensive and rapid third-party cyber risk program using automation. From the very first step of completing a list of every vendor that supports your organization until the final step of continuous monitoring, we walk you through the entire process and show you how automation can help move things forward.
What’s inside the guide?
- How to identify and map your vendors according to inherent risk
- How to scope risk controls according to vendor relationship
- How to assess your vendors’ attack surface
- How to review risk and monitor continuously
With the strategies detailed in this guide, you will learn how to scale your third-party cyber risk program while upholding your security policies.