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The Orrick Security Breach: An $8M Reminder for Third-Party Risk Management
The $8 million settlement in the Orrick security breach ranks among 2024's most important data breach settlements. The case shows what it all means when companies don't manage their third-party...
How to Build a Robust Third-Party Risk Management Program for Healthcare for 2025
In 2023, 60% of healthcare data breaches were caused by third-party vendors, costing organizations an average of $10 million per incident. By 2024, the healthcare sector accounted for 28% of all...
Private Equity Cybersecurity: Only as Strong as Your Weakest Vendor
Private equity firms face unprecedented cybersecurity challenges as Boards of Directors demand direct accountability from management teams for security postures. Modern threat actors specifically...
Third-Party Vendors Raise Cyber Risk for US Power Grid
Cyber-attacks on the US power grid have exposed a concerning weakness: third-party vendors who can access critical infrastructure systems. Security experts tracked 23 major cyber-attacks that...
Continuous Attack Surface Monitoring vs. Point-in-Time Assessments: What’s Better for Third-Party Risk Management?
How big is your company’s attack surface? An organization must audit its third-party vendors for that question to be answered. The attack surface expands when organizations bring in a third-party...
The Cost of Third-Party Breaches: A Deep Dive into Financial, Reputational, and Regulatory Costs
Are you using more third-party vendors than you were last year? If so, you’re not alone. Gartner reports that 71% of organizations increased the number of third-party vendors compared to three years...