While many enterprises have taken tremendous strides in recent years to measure and manage the cyber risk present within their own IT systems, they struggle to extend that vigilance to third-party risk.
To avoid potential breaches, cyberattacks and compliance penalties (regulated industries), companies are increasingly realizing that they must put processes in place to manage the collection and sharing of data, as well as to assess and continuously monitor the third parties that have access to that data.
Lisa Palazzo
President and CEO
Palazzo & Company