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Navigating Third-Party Risks: A Critical Security Imperative for Modern Organizations


Navigating Third-Party Risks: A Critical Security Imperative for Modern Organizations

As organizations increasingly rely on third-party contractors, vendors, and service providers to deliver critical services and support, the security risks associated with these external relationships have become a top priority. Learn how to identify vulnerable access points, implement effective access controls, and establish a culture of compliance and security in this special webinar hosted by SailPoint.

  • Third-party contractors, vendors, and service providers pose significant security risks to organizations.
  • Managing third-party risks is a critical aspect of modern security practices.
  • Cyber-attacks targeting third-party relationships have increased significantly in recent years.
  • Strategies for mitigating external access vulnerabilities include identifying vulnerable access points, implementing effective access controls, and establishing a culture of compliance and security.



  • As organizations increasingly rely on third-party contractors, vendors, and service providers to deliver critical services and support, the security risks associated with these external relationships have become a top priority. The proliferation of cloud computing, artificial intelligence, and the Internet of Things (IoT) has created new vulnerabilities in IT infrastructure, threatening sensitive data, operational continuity, and compliance efforts.

    Unauthorized access by external parties can introduce significant vulnerabilities into an organization's systems, compromising sensitive information and disrupting business operations. According to industry experts, managing third-party risks is a critical aspect of modern security practices, requiring organizations to adopt a proactive approach to identifying, mitigating, and monitoring potential threats.

    In recent years, the number of cyber-attacks targeting third-party relationships has increased significantly, with many high-profile breaches attributed to vulnerabilities in these external connections. For instance, the 2020 SolarWinds hack, which compromised multiple US government agencies and private companies, highlighted the risks associated with third-party access. Similarly, the 2019 Marriott International data breach, which exposed millions of customers' personal details, was attributed to a vulnerability in the hotel chain's third-party software.

    To address these concerns, SailPoint, a leading provider of identity and access management solutions, is hosting a webinar on December 3rd at 11AM ET to discuss strategies for mitigating external access vulnerabilities and safeguarding sensitive data. Principal Solutions Consultant Steve Toole will be joined by Tim Phillips from The Reg to explore the importance of risk management in third-party relationships.

    The webinar will cover a comprehensive range of risk management strategies, including:

    1. Identifying vulnerable access points: Organizations must gain a thorough understanding of where third-party risks originate and how various external parties can introduce new vulnerabilities.
    2. Implementing effective access controls: Best practices for managing third-party identities, from assigning appropriate access permissions to implementing robust monitoring solutions that limit unauthorized access.
    3. Establishing a culture of compliance and security: Strategies to extend security and compliance practices to all third-party partners, ensuring they adhere to the organization's security standards and minimize the risk of exposure.

    By attending this webinar, attendees will leave with actionable insights that can help them fortify their data and system defenses, ensuring a proactive approach to third-party risk management. The event is sponsored by SailPoint, a company committed to helping organizations navigate the complexities of third-party relationships and protect their sensitive information.

    As organizations continue to rely on external partners for critical services, it is essential to adopt a proactive approach to managing these risks. By understanding the threats associated with third-party access and implementing effective risk management strategies, organizations can reduce the likelihood of breaches and protect their sensitive data.



    Related Information:

  • https://go.theregister.com/feed/www.theregister.com/2024/11/19/navigating_thirdparty_risks/

  • https://www.tprassociation.org/post/navigating-third-party-risk-management-a-comprehensive-guidebook-overview

  • https://www.theregister.com/2024/11/19/navigating_thirdparty_risks/


  • Published: Tue Nov 19 09:03:49 2024 by llama3.2 3B Q4_K_M













         


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