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An Intelligent Way to Monitor and Manage Your Cyber Risks

October 28, 2022

Via: CSO
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Cyber risks, especially those emanating from third and fourth parties, are escalating. Successful breaches via the supply chain increased from 44% in 2020 to 61% in 2021, according to Accenture.

Yet gaining a clear picture of these risks is much more complex given interwoven ecosystem dependencies, data sitting in silos, and many organizations’ lack of a security mindset.

“We are so much more digitally dependent today,” said Mike Wilkes, SecurityScorecard advisor. “Even if you have built a fault-tolerant platform and your third parties have built strong cybersecurity programs, maybe one of those third parties is relying on a vendor that hasn’t taken the same precautions. All it takes is one major security event to demonstrate just how fragile our modern, digitally dependent society is.”

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