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Scaling Third-Party Risk Management Despite the Odds | UpGuard

1 year ago www.upguard.com
Scaling Third-Party Risk Management Despite the Odds | UpGuard

Summary: This is a summary of an article originally published by the source. Read the full original article here →

Despite best efforts to accommodate third-party risk management (TPRM) processes that correspond with increased use of third-party vendors, incident outcomes seem to grow as well. The 2023 global average cost of a data breach was USD $4.45M, a 2.3% year over year increase.

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