Third party risk is biggest enterprise cyber threat

As supply chains become more integrated and businesses rely more on using the cloud, so the risk that they face also increases. A new study commissioned by vendor monitoring company RiskRecon and conducted by the Cyentia Institute shows that 84 percent of organizations host critical or sensitive assets with third parties. A typical firm has 22 internet-facing hosts, but some maintain over 100,000 and 65 percent of hosts sit on infrastructure owned by an external entity. 27 percent of firms host assets with at least 10 external providers. 32 percent of organizations host their data in foreign countries. 'Your risk surface… [Continue Reading]