Whitepaper: Next Generation Third-Party Risk Management

Gaining visibility into the security risks that your supply chain or third-party vendors pose to your organization is a growing priority among cybersecurity leaders. Third-party risk management has evolved to go beyond passive OSINT collection and manual questionnaires to now include active assessment data of third-party vendors that provide a more accurate exposure of your risk by third parties, and this next generation approach is right on time.

Forrester‘s recent 2022 predictions identified that “Sixty percent of security incidents will result from issues with third parties. Forrester data reveals that 55% of security pros reported their organization experienced an incident or breach involving supply chain or third-party providers in the past 12 months.” (Predictions 2022: Cybersecurity, Risk and Privacy, Forrester Research, Inc., Oct 28, 2021)

FortifyData has published a whitepaper about the next generation of Third Party Risk Management platforms that provide intelligence based on assessments in addition to open source intelligence data.

Download The Next Generation Third-Party Risk Management Whitepaper