Security News > 2020 > May > Beware of Sick Behavior Masquerading as Coronavirus
There are three major categories of risk presented by third-party apps and vendors: Operational risk resulting from errors or failures in the system; Transaction risks related to problems with the service or delivery, and Compliance risks which put the organization in the crosshairs of liability for security breaches or other regulatory failings.
While these risks are not unique to the use of third parties, involving them considerably amplifies the risk opportunities.
At the same time there are common sense strategies available to minimize and mitigate those risks.
Create a pandemic response team capable of assessing third party risk.
Alastair has worked for over a decade advising secure government and FTSE 100 clients on large-scale data analytics for risk and intelligence.