10 Best Practices for Sharing Sensitive Information with Vendors

Email     |     Share  
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13
Next 10 Best Practices for Sharing Sensitive Information with Vendors-5 Next

Do Share Only the Minimum Information Required

Do share only the minimum information required for your vendor to meet your objectives. If, for example, your vendor will be monitoring your HVAC system remotely, you'll want to ensure that they only have access to the part of your network that controls HVACs, and virtually nothing more. Such access management could have saved Target from its massive, highly publicized breach that affected the personal information of over 110 million customers.

Deloitte published a report recently, noting that "the market is currently underinvested in the area of vendor management, particularly when it comes to tools, methods and processes." This same report also noted that businesses are increasingly outsourcing functions. As vendors have become more important in the day-to-day functioning of businesses, companies need to ensure that their data is safe on these third-party networks.

For organizations that are just getting started with a formalized vendor risk management (VRM) program, BitSight Technologies has prepared a list of the do's and don'ts of sharing sensitive information with vendors.

 

Related Topics : Unisys, Stimulus Package, Security Breaches, Symantec, Electronic Surveillance

 
More Slideshows

Privacy rollback Security Pros Give Their Opinions on ISP Data Privacy Rollback

IT staff, organization leaders, and the average citizen have all expressed levels of concern over the FCC about-face in regard to ISP privacy. Here’s what the security experts say. ...  More >>

IT security skills 7 Top Skills for Security Pros

Executives at several top tech firms outline the skills they need now and in the near future, including IaaS and IoT security expertise. Other skills listed may surprise you. ...  More >>

IT security careers The Most In-Demand Security Jobs and How to Get Them

Security professionals are in demand right now, and entry-level security jobs generally fall into either an engineer or analyst role. Find out more about required skills and career paths. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.