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.
Don't Provide More Info than Necessary
Don't provide vendors with more information about proprietary products or information than they need. In other words, make sure you're properly addressing the risk involved with your supply chain. Let's say your organization is designing a really sensitive smartphone, and you decide to work with a vendor who can supply you with specialized screens. That particular vendor does not need access to all of your sensitive phone design information and data — they just need the specifications that will help them successfully create the phone screen. It cannot be overstated how important it is to protect your most sensitive data and information.