Remove about supplier-information
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4 smart technologies modernizing sourcing strategy

IBM Big Data Hub

Because organizations with strategic sourcing mindsets look beyond price and cost savings-centered supplier selection initiatives. They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power.

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GUEST ESSAY: Essential cyber hygiene practices all charities must embrace to protect their donors

The Last Watchdog

Related: Hackers target UK charities Here are six tips for establishing robust nonprofit cybersecurity measures to protect sensitive donor information and build a resilient organization. A recent study found only 27% of charities undertook risk assessments in 2023 and only 11% said they reviewed risks posed by suppliers. Assess risks.

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The Third-Party Threat for Financial Organisations

IT Governance

Where critical suppliers are concerned, you should look at their resilience, including: Their penetration testing regimes; How their incident response mechanisms work; and Whether they are DORA compliant. If they fall short of your standards or requirements, you need to find alternative suppliers.

Risk 114
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4 strategic sourcing use cases to strengthen your supply chain

IBM Big Data Hub

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Sourcing and procurement professionals operating with a strategic sourcing mindset assess a supplier’s quality, reputation and service.

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GUEST ESSAY: Best practices to shrink the ever-present risk of Exchange Server getting corrupted

The Last Watchdog

And this has material value for organizations concerned about data sovereignty. Exchange server ordeal Take what recently happened to iConnect Consulting , a San Francisco-based supplier of Laboratory Information Management System ( LIMs ) consulting services.

Risk 264
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RSAC insights: CyberGRX finds a ton of value in wider sharing of third-party risk assessments

The Last Watchdog

But what about trusted allies who unwittingly put your company in harm’s way? So could sharing intelligence about third-party suppliers help? The idea was to benefit both the first-party contractors and the third-party suppliers, Kneip says. Meanwhile, the third-party suppliers were relieved of a big burden. “It

Risk 195
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Crooks stole €15 Million from European retail company Pepco

Security Affairs

The Hungarian business of the European discount retailer Pepco Group has been the victim of a phishing attack, crooks stole about 15 million euros ($16.3 At this stage, the incident does not appear to have involved any customer, supplier or colleague information or data.” Crooks stole €15.5

Retail 96