CyberGRX Partners With BitSight to Address Supply Chain Risks

  • 18 September 2017
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By Kevin Townsend on September 18, 2017
 
Partnership Integrates BitSight’s Security Ratings Capabilities With CyberGRX Third-Party Cyber Risk Exchange
 
The iconic Target breach of 2013 brought attention to the threat from third-party suppliers -- the supply chain. Target was breached after its HVAC supplier, Fazio Mechanical Services, had itself been breached and had the credentials for accessing its customer stolen.
 
This threat has become more difficult and more complex as digital transformation has increased and cloud service providers have boomed. A single enterprise can now use several thousand different cloud services. According to Gartner research, a large enterprise's network of vendors, partners, contractors and customers all with access to the corporate network can easily run into the tens of thousands. Any one of these can potentially introduce an unseen risk.
 
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Third party supplies are the problem must be proactive when interacting with them.

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