3rd Party and Vendor Security Assurance

The most overlooked threat vector by organisations

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Third-party vendors are a growing source of cybersecurity breaches. And the size of these violations is growing. These breaches happen because organisations are lax in vendor security.

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• Organisations overlook the threat vector imposed by their vendors. They are inattentive to the application of proper security controls.

• Organisations misunderstand the full scope of their system boundaries. They don’t know required protections for service providers.

​Organisations must ensure vendors and service providers are handling sensitive data securely.  Vendors and providers need to follow the organisation’s security standards and policies.

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NSAA Security is develop and put in place comprehensive Vendor Risk Management Program.  That will be a significant part of the organisation’s security governance. And it will mitigate security risks caused by vendors.

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The program includes the following oversight components:

• Program governance

• The setting of policies, standards, and procedures

• Contract security review

• Vendor risk identification and analysis

• Creation of company security tools. Along with metrics to measure and analyse ongoing company vendor management

• Continuous and ongoing monitoring and review of company vendor management efficiencies