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Reducing the Impact of Third-Party Breaches (8 Strategies) | UpGuard

2 years ago www.upguard.com
Reducing the Impact of Third-Party Breaches (8 Strategies) | UpGuard

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Third-party breaches have become a common phenomenon in the modern cyber threat landscape. Thehttps://www.upguard.com/blog/cost-of-data-breach data breach damage costs associated with third-party vulnerabilities rose from US$ 4.33 million in 2021 to US$ 4.55 million in 2022. While third-party breach attempts are inevitable, you can reduce their projected financial impacts with some strategic security controls and third-party risk management initiatives.

Given that both data breach pathways achieve the same outcome, the third-party breach pathway seems like an unnecessarily circuitous route.

A third-party attack surface monitoring solution will track emerging security risks in your vendor network in real time, helping you address them before they’re discovered by cybercriminals.

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