In a recent Ponemon survey, 56% of respondents reported a third-party breach in 2017. While third-party breach costs averaged $7 million, recent incidents suggest total losses are actually much higher. The famous Target and Home Depot breaches cost the companies a combined $500 million, making it clear mitigating security risks from third-party network access must be a top priority for organizations everywhere.
In this paper, we:
- Review third-party security benefits and risks
- Outline three steps for mitigating third-party risks
- Explore the value of security awareness training as a third-party risk mitigation tool
On-Demand Webinar
Four Steps to Third-Party Security Risk Mitigation
- Explore the benefits and risks of third-party relationships
- Discuss recent third-party breach case studies
- Learn the four-step program for third-party risk mitigation