Security News > 2021 > November > Proven third-party risk management strategies

As cyber threats continue to plague enterprises and the third-party partners and suppliers they work with, organizations that have prioritized the development of a robust third-party cyber risk management program are experiencing success.

That's why it's more important than ever for companies to integrate third-party cybersecurity risk management into their security strategies.

The likelihood of these organizations falling victim to a third-party security incident is quite high, compared to those who have implemented third-party risk management practices.

Allowing the organization to create clear risk management strategies built on visibility into its entire cloud ecosystem.

Freeing up in-house IT staff to work on risk management rather than spending their time on routine data collection.

As we've witnessed with AmeriGas, an effective third-party cyber risk management program will provide the necessary visibility for enterprises to identify vulnerabilities within partners and suppliers, so that any risks can be effectively and quickly mitigated.

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