Manage your ecosystem to manage your risk.
Your partners, vendors and other key 3rd parties have access to your sensitive networks and data. What if they’re the weakest link in your cybersecurity?
The fact is, vendors and service providers are often your highest risk: Multinational businesses not appropriately managing 3rd parties can incur fines and direct compensation costs in the region of US$2-50m as well as reputational damage.* That’s a high price to pay for something out of the hands of your security team.
The good news is that organizations with proper ecosystem risk management have a competitive advantage and can outperform their peers by an additional 4-5% return on equity.* The short presentation below looks at why you need to protect your customers and your reputation from cyber security risks posed by even your most trusted vendors and how you can get intelligence on their risk posture before it’s too late.