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10 Ways To Lock Down Third-Party Risk

Experts share ideas for closing potential security holes that leave organizations open to attack.
Steve Zurier
Contributing Writer, Dark Reading
September 22, 2016
1. Align the third-party program to the company’s culture, potential threats and risk aversion level.
2. Implement strong internal governance systems and policies.
3. Identify an inventory of third party vendors.
4. Understand the stability and health of the third-party.
5. Regulatory compliance does not necessarily mean risk management.
6. Stop looking for a silver bullet, but that doesn’t mean technology can’t help.
7. Negotiate improvements in the third party’s controls.
8. Scrutinize your risk assessment findings.
10. Practice open communication.
10. Practice open communication.
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