15% of data breaches in 2023 originated from third-party vendors, a 68% increase from the previous year due to zero-day exploits for ransomware and extortion attacks, according to Verizon. Is your Board taking proactive measures to mitigate this rising threat, or are you leaving your organization exposed to preventable breaches? Join us as we delve into advanced strategies to enhance third-party risk management:

🎙️ CyberBoardCast™ Ep251: Board Cyber Mistake #9: ‘Weak Third-Party Risk Management’ and How to Address It

·     Enhanced Vendor Vetting

·     Contractual Security Requirements

·     Third-Party Risk Management Platforms

·     Segmented Network Access

·     Vendor Incident Response Integration

·     Regular Security Assessments

·     Automated Compliance Checks

·     Robust Data Encryption

·     Dynamic Access Controls

·     Third-Party Risk Awareness Training

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