white paper

From Trust to Security: Third-Party Risk Management Strategies and Challenges

December 3, 2024

Running an enterprise IT operation in the 21st century requires effective management of third-party operators. Third-party partners maintain their own policies and vulnerabilities, which can open the door to disaster.

This new 2024 CyberRisk Alliance survey report highlights the critical importance of managing third-party risk in today’s enterprise IT landscape. Effective data security is not solely an internal matter; it extends to the policies and practices of third-party partners.

Enterprises must prioritize gaining clear visibility into how their data is accessed and handled by these partners. Get your free copy to gain valuable insights, such as: 54% of survey respondents have experienced a third-party attack or breach. Regular assessments of third-party security policies and practices remain a major concern.

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RIMS, the  risk management society®️, empowers risk professionals to make the world safer, more secure, and more sustainable. Through networking, professional development, certification, advocacy, and research, RIMS and its 80 chapters serves more than 200,000 risk practitioners and business leaders from over 75 countries. Founded in 1950, the Society publishes the award-winning Risk Management Magazine and produces RISKWORLD®️, the largest annual gathering of global risk professionals. RIMS embraces diversity, equity and inclusion and welcomes all risk professionals to connect and learn, explore the online Risk Knowledge library, tune into the RIMScast podcast series, and engage via LinkedInTwitter, and Facebook. To learn more, visit www.RIMS.org.

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