Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Modern organizations are working hard to differentiate their products and services by creating innovative solutions that their customers can leverage at home and on-the-go, forcing them to consider new, more agile approaches to application development that empower their development teams to accelerate time-to-market, and launch new solutions as quickly as possible.

It's no longer enough to simply ensure that your organization's systems and enterprise web presence are secure. Your risk management program needs to look beyond the perimeter of your organization to properly vet the third and fourth-party vendors who will have access to your data without being subject to your internal risk management process. The use of third parties in your supply chain or for data handling create potential risks that can be compounded by these third-party weaknesses.

A cyber security risk assessment is about understanding, managing, controlling and mitigating cyber risk across your organization. It is a crucial part of any organization's risk management strategy and data protection efforts. Risk assessments are nothing new and whether you like it or not, if you work in information security, you are in the risk management business.

Creating and maintaining relationships with third parties brings about multiple risks. Whether your organization is large or small, it’s almost certain that you have business relationships with many third parties for specific types of operations. When operational data and confidential information are exchanged with third parties, that data and information are vulnerable to misuse and exploitation. This is where risk comes into the equation.