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-6 Next

Do Continuously Monitor Third-Party Contractors

Do continuous monitoring of your third-party vendors and contractors with respect to cybersecurity. Even if you put your vendors through all kinds of audits — which you should — you still don't know what is going on in their network on a day-to-day basis. Continuous monitoring software helps you keep an eye on all your vendors, so you can make better, data-driven decisions.

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

BitSightRansomware0x Ransomware: The Rising Face of Cybercrime

Ransomware is a legitimate threat, with estimates from the U.S. Department of Justice showing that over 4,000 of these attacks have occurred every day since the beginning of the year. ...  More >>

Security121-190x128 5 Ways CFOs Can Implement an Effective Cybersecurity Strategy

While cybersecurity concerns are widespread, finance remains one of the most vulnerable areas for malicious attacks. ...  More >>

infra100-190x128 Top 10 Strategic Technology Trends for 2017

Here are the top 10 strategic technology trends that will impact most organizations in 2017. Strategic technology trends are defined as those with substantial disruptive potential or those reaching the tipping point over the next five years. ...  More >>

Subscribe to our Newsletters

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