Staying informed about all of the cyber security compliance standards is essential to keeping your company safe from hackers. Read on to learn about the various steps you can take to stay up to date with your industry’s compliance standards.
Last year, 56% of organizations were hit by a breach caused by one of their third party vendors. Let that sink in for a moment.
56%.
What has been the cause for the uptick in third party breaches lately? Supply chain attacks. These coordinated, front-line network assaults can be difficult for businesses to tackle internally. When you’re also working with third-party vendors that are utilizing your network, maintaining a high security posture during operating hours (which for some may end up being 24/7) can be near impossible. Unless these third-party vendors operate entirely under the same roof or network as your business, you won’t have the same level of control over credit-based compliance efforts as you would with your own internal operations. This lack of consistent control over credit-based compliance can leave your company in a tailspin after being hit by a devastating supply chain attack.