Cyberattacks through an organization’s vendors or suppliers are greatly underreported. According to new research from Ponemon Institute and Mastercard’s RiskRecon, only 34% of organizations are confident their suppliers would notify them of a breach of their sensitive information.
Organizations are dependent upon their third-party vendors to provide such important services as payroll, software development or data processing. However, without having strong security controls in place, vendors, suppliers, contractors or business partners can put organizations at risk for a third-party data breach.
