Build Awareness: 4th Party Risk Education

Build Awareness: 4th Party Risk Education

managed it security services provider

Okay, so, like, building awareness about 4th party risk education? Its kinda a mouthful, right? But seriously important, though. Basically, were talking about educating people-not just about the risks your immediate vendors (3rd parties) pose, but the risks their vendors (4th parties) pose too! managed services new york city (Think of it as vendors vendors problems!)


Now, why is this a big deal? Well, imagine you hire a company to do your payroll. Easy enough. They seem legit.

Build Awareness: 4th Party Risk Education - managed services new york city

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But, what if they outsource their data storage to some shady cloud provider in, like, Outer Mongolia? Suddenly, your employee data is way less secure, and you didnt even know it! Thats 4th party risk in a nutshell.


So, how do we build awareness?

Build Awareness: 4th Party Risk Education - managed service new york

    Well, first, you gotta get people understanding what the heck 4th party risk even is. No use throwing jargon around if nobody gets it. (Keep it simple, stupid!

    Build Awareness: 4th Party Risk Education - managed services new york city

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    managed it security services provider I mean, uh, keep it simple.) Workshops, webinars, maybe even some funny videos-whatever works for your audience. Make it relatable, maybe with real-life examples of 4th party breaches (there are plenty!).


    And its not just about scaring people. Its about empowering them. Give them the tools to ask the right questions. Like, "Hey vendor, who are your key vendors, and what security measures do they have in place?"

    Build Awareness: 4th Party Risk Education - managed it security services provider

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    Make it part of the vendor onboarding process. Make it part of the ongoing risk assessment process.


    Also, dont forget the legal team! They need to be involved in drafting contracts that address 4th party risk. And the IT folks! They need to understand how to monitor for potential vulnerabilities. Its a team effor!


    Its a constant learning process, too. managed service new york The threat landscape is always changing, so you gotta keep your education up-to-date. No one wants to be caught off guard by some new, crazy 4th party risk.


    Basically, building awareness is about making sure everyone understands the potential dangers lurking in the shadows of your supply chain. Its about being proactive, not reactive. And its about protecting your organization from potentially catastrophic data breaches and reputational damage.

    Build Awareness: 4th Party Risk Education - managed service new york

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    Get educated!

    The Future of Compliance: 4th Party Risk