Information security is the risk topic of the year. In this Illustration we define the key steps of the process and identify what the future holds for third party information security management.
Despite incredible advances in technology and enhanced regulatory interest, the number of cyber-attacks involving access through third parties has grown dramatically. This isn’t surprising given that more than 80 percent of companies outsource some aspects of their business operations to third parties.
Managing the process of verifying, remediating where necessary and monitoring the effectiveness of third party controls demands the use of sophisticated and mission-designed technology. In this Illustration we define the key steps of the process and identify what the future holds for third party information security management.
Featured in: Third Party Management, Information Security / InfoSec
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