Security News > 2019 > March > Third-party cyber risk management a burden on human and financial resources

Organizations and third parties see their third-party cyber risk management (TPCRM) practices as important but ineffective. There are four major takeaways for key decision makers: Current practices and technologies used to support TPCRM and assess third parties are costly, inadequate and inefficient. Investing in better assessment and vetting tools can increase effectiveness in TPCRM while decreasing the cost of maintaining the program. Applying the same approach to all third parties can be quite costly. Taking … More → The post Third-party cyber risk management a burden on human and financial resources appeared first on Help Net Security.

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