Tagged: cybersecurity risks and third parties

Third-Party Risk Management: A Critical Task for Cybersecurity and Breach Prevention

We are all familiar with the mantra on the importance of managing third-party risk to prevent anti-corruption, sanctions, money laundering and associated risks.  Over the last ten years, however, we have observed a new and important addition to the third-party risk plate – cybersecurity and data breach.  And of course we have a posterchild for this risk – the 2013 attack on Target’s financial and...