Verizon’s 2025 Data Breach Investigations Report found that breaches involving third parties doubled in a single year, rising from 15% to 30%. McKinsey separately noted that nearly one-third of cyber ...
In this day and age, any healthcare provider organization could be the next victim of a cybersecurity breach. Unfortunately, countless organizations have experienced data breaches by a third party, ...
Vendor risk management (VRM), or third-party risk management, is the management, monitoring, and evaluation of risks that result from third-party vendors and suppliers of products and services. It’s a ...
Managing external partners has become a critical part of doing business today. As companies expand and rely more on outsourcing, the risks tied to outside vendors grow larger. Businesses can face ...
Organizations that use a standard scoring model for Vendor Risk Management increase consistency, reduce subjectivity and accelerate program processes. Consistent scoring allows you to prioritize the ...
A lawyer has an obligation to "not reveal information relating to representation of a client" except under certain limited circumstances. RPC 1.6. In Opinion 701, the Supreme Court of New Jersey's ...
When a vendor becomes the victim of a cyberattack, the downstream effects on a business are often damaging and disruptive due to operational impacts including business interruption, loss of revenue, ...
Cybersecurity compliance startup Vanta Inc. today announced new product features and enhancements designed to automate and streamline governance, risk and compliance processes for businesses. Leading ...
Opinion
The Third-Party AI Blind Spot — The Risk Your Compliance Program Is Not Addressing (Part 3 of 3)
If you read Parts I and II of this series and concluded that the AI governance problem is primarily an internal one — about what your employees ...
Launching a startup is risky, and things only get riskier when outsourcing services. Most leaders will require some vendor risk management, or VRM, to give them the confidence to succeed. “Launching a ...
Interested in writing for CW? Compliance Week accepts outside contributions from corporate chief compliance officers and other senior-level GRC practitioners. To learn more, contact the CW Editor.
Gainesville Regional Utilities (GRU) isn’t just a utilities provider—it’s the communications backbone for the community. In addition to delivering electricity and water, GRU operates fiber-optic ...
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