In Forrester’s evaluation of the emerging market for cybersecurity risk rating solutions, we identified the nine most significant providers in the category — Bitsight, Fico, iTrust, Normshield, Panorays, Prevalent, Riskrecon, SecurityScorecard, and upGuard — and evaluated them. This report details our findings about how well each vendor scored against 10 criteria and where they stand in relation to each other.
Europe’s GDPR is widely-discussed in today’s news cycles and for good reason. The regulation impacts many organizations throughout the world, and violations of the regulation can result in material fines. One big question remains for many businesses, how do third-party services fit into this new regulation and what can organizations do to protect themselves from third-party risks to meet the standards?
If your company employs third parties, then the responsibility falls to you and your employees to manage the risk they bring. But how do you go about designing and implementing your third-party risk management program for maximum effectiveness?
In December 2018, privacy management provider OneTrust announced a partnership with the Cloud Security Alliance (CSA) and the availability of free vendor risk assessment capabilities to all CSA members. In the era of the EU's General Data Protection Regulation (GDPR) and similar proliferating data protection regulations around the globe, the enterprise's capacity to evaluate its vendors and partners grows in importance.
As organizations grow, the number of vendors on which they rely increases to form a complex ecosystem. Many cyber attacks, however, are launched through third-party vendors.
Building new digital relationships with third-parties increases exposure to a cybersecurity breach.
Organizations are investing in digital technologies to drive business into the future. This also means they’re increasingly reliant on third-party vendors for outsourced services and solutions—expanding their attack surface and introducing more risk.
Identify your risks to jump-start an A-class risk mitigation program.