Did you know that, according to an Opus and Ponemon Institute study, 59% of companies have experienced a data breach caused by one of their vendors or third parties? During these uncertain times, when many industries are shifting to an increasingly remote workforce, organizations may feel pressure to accommodate new business requirements by onboarding new technology faster. However, given the frightening implications of a potential breach — and the fact that phishing attacks and other cyber scams are on the rise due to the ongoing coronavirus pandemic — it’s more important than ever that you consider a potential vendor’s cybersecurity posture before you sign on the dotted line.
Article Link: https://www.bitsight.com/blog/understanding-a-vendors-cybersecurity-risk