Sixty percent of businesses reported they suffered a data breach caused by a vendor or third party in 2018.1
Nearly half of firms suffer data breaches at hands of vendors (2019).2
Evan Francen, CEO & Founder – SecurityStudio
Date: March 19, 2020
Time: 10:00 A.M. EST
Attendees Will Learn:
- How to define Vendor Risk Management
- Why VRM is necessary at your organization
- Components of a successful VRM program
- Fourth-party risk and beyond
Regardless of your internal security standards, vendors can be your weakest link. When third parties have access to your business, their security gaps become yours. More than half of all security breaches result from third-party vendors hired by your organization. So it’s critical that you identify the vendors working for you and determine the level of risk they bring. The easiest way to do this is by establishing a Vendor Risk Management (VRM) program.
If you’re unsure how your organization handles vendor risk or you don’t know how to start a VRM program, join XBAND for our next free webinar: Vendors = Risk, Manage it.
1 Ponemon and Opus 2018 Data Risk in the Third-Party Ecosystem: Third Annual Study
2 January 2019 Spiceworks surveyed 600 IT and security decision-makers