How to Define Your Cyber Risk Appetite & Hold Vendors to the Threshold

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As cyberattacks surge, you’re charged with protecting your organization’s expanding digital footprint. But what about the risk posed by vendors?

It’s estimated that 60% of organizations now work with more than 1,000 third parties. If not properly vetted, these companies can expose your organization to risk.

But evaluating each vendor – before and throughout the relationship – is a task often dreaded by security and legal teams because of the time and effort required by this vital due diligence.

It doesn’t have to be that way. Instead of stretching yourself thin trying to manage every third-party vulnerability, you can save time and resources by prioritizing risk management based on your cyber risk appetite.

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