Third-party related breaches were all too common in 2017, and regulators and board rooms took notice.
The increased awareness brings both opportunities and challenges for the organizations and teams who are on the front lines defending against these breaches. Challenges will come in the form of new regulations and higher levels of scrutiny, often coupled with stagnant budgets and limited resources. While opportunity lies in the third-party cyber risk industry’s chance to collaborate and move to a more modern and scalable approach.
Check out our 2018 Third-Party Risk Predictions and let us know what you think 2018 has in store for third-party risk management.