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The Cost of Ignoring Third-Party Cybersecurity

How companies fail to protect against cyberthreats from vendors and partners.

July 21, 2022

Tim Marley, VP for Audit, Risk, and Compliance at Cerberus Sentinel, comments on how to mitigate third-party cybersecurity risk, at IndustryWeek.

Third-Party Cybersecurity Risk quote image

“Assess potential vendors prior to a contract and continue to assess these vendors no less than annually. Take a reasonable approach to your vendors based on their relationship to your systems and data. For those critical third parties, take a deeper dive. Consider not only confidentiality, but also availability. Keep in mind that your third party’s viability as an ongoing organization may have a direct impact on your abilities as well.”

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