For many, cost-effective scalability usually means outsourcing some or all of your business functions to a complex web of third-party vendors. The Third-Party Risk to the Nth Degree white paper provides quantitative and contextual measures by which your organisation can compare current practices and investment to help mitigate third-party risk.
Key Findings:
- 44 % of organisations revealed that they had experienced a third-party-related data breach in the last year.
- 33 % of organisations cited lack of internal resources as a challenge in evaluating third-party vendors.
- 48 % of organisations that experienced a third-party breach reported significant business consequences (reputational damage, discontinued business, financial loss).