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Integrating Third-Party Cyber Risk into Your Governance Framework

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"Integrating Third-Party Cyber Risk into Your Governance Framework"

As businesses rely more on vendors, each connection creates cyber threat entry points. Nearly half of organizations faced third-party breaches in 2024, underscoring the need to integrate vendor oversight into governance. Read this blog to explore a five-part framework for improving third-party cyber risk management.

Modern businesses face rising cyber threats through their expanding networks of vendors, contractors, and service providers. Studies show 47% of organizations experienced third-party-related data breaches in 2024, leading to fines and severed vendor ties.

This blog outlines a framework for integrating third-party cyber risk management into governance strategies, addressing gaps in traditional security measures:

• A five-part framework for vendor visibility, risk tiering, and assessments
• Continuous monitoring beyond point-in-time reviews
• Scalable technology solutions for managing complex vendor ecosystems

Read the blog for actionable strategies to strengthen third-party cyber risk governance.


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