Several recent research reports have identified that close to 80% of data breaches are caused by Third-Party Error. Additionally, The Ponemon Institute recently identified that third party error represented the largest factor in the cost of a data breach. Lastly, recent regulatory and mandate guidance has required most regulated industries to perform Vendor Risk Management as part of their security strategy. If you do not have third party risk management as part of your security strategy you potentially have a major gap in your program. This talk will discuss several use cases as well as strategies to consider in helping manage your third and fourth party risk.
Prevalent Networks Managing Director Jonathan Dambrot, CISSP, works with the leading organizations in the world to help better manage third party and IT related risks. Prevalent develops Prevalent Vendor Risk Manager and provides compliance automation solutions from the cloud with its Prevalent Compliance as a Service. Jonathan received his MBA from The Pennsylvania State University and is currently Vice-Chair of the Shared Assessments Steering Committee, Chair of the SIG Committee, and sits on the Penn State Outreach Advisory Board. www.prevalent.net Prevalent Networks