Continuous Monitoring: Filling the Security Gaps in Supplier Risk Management - Supply chains are the glue that holds the global economy together. They’re also a significant source of cyber-related business risk. Attacks on suppliers surged by 431% between 2021 and 2024, and they’re expected to continue rising. That’s bad news for the enterprises they do business with. IBM estimates third-party vendor compromise is linked to among the highest data breach costs of any incident type: $4.9m per breach. The challenge for risk and cyber leaders is that existing risk management mechanisms are imperfect. They can be slow, resource-intensive and full of blind spots. True supplier risk management comes from continuous oversight […] - https://lnkd.in/eEd56HPC
