NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’
The Last Watchdog
JANUARY 30, 2019
The culprit: lax practices of a third-party data and analytics contractor. Shared Assessments was created in 2005 by five big banks and the Big Four accounting/consulting firms as a forum for deriving a standardized way to assess the risks of partnering with one other. Related: Atrium Health breach highlights third-party risks.
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