Should we be Afraid of our Third Party Vendors?
The biggest threat in cybersecurity might be under our noses. According to a recent Ponemon Institute study, US organizations are failing to assess the risk of attacks and data breaches from vendors in their supply chains. Mainstream awareness of these risks emerged in 2014 when one of the largest US discount store retailers suffered a data breach as a consequence of lax security at an HVAC vendor. Four years later and the number of third-party related cybersecurity incidents continues to accelerate.