6 steps for third-party cyber risk management

Many organizations transact with hundreds of third-party partners, according to EY’s Global Third-Party Risk Management Survey 2019-2020, a trend that PwC finds shows no sign of slowing, even as the risks increase. A recent survey by security vendor Anchore found that in the past 12 months, 64% of businesses experienced a supply chain attack, and this year supplier attacks are expected to quadruple, according to the European Union Agency for Cybersecurity.

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