Establish a third-party risk management program with vendor assessment questionnaires, risk scoring, continuous monitoring, and contract security requirements.
## CONTEXT The Ponemon Institute Third-Party Risk Report found that 61 percent of organizations experienced a data breach caused by a third-party vendor, with the average third-party breach costing 4.33 million dollars. Supply chain attacks have increased 742 percent since 2020 according to Sonatype research, and the…
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