Even if a company has all the right security practices in place, a small mistake or security flaw at a third-party supplier could still send its business operations into chaos.
Every sector has specialized needs that only a handful of vendors have products to address, creating a concentrated security risk if these specialized vendors face a cyberattack.
150 companies account for 90% of the technology products and services that global companies are using in their systems, according to research from SecurityScorecard and McKinsey & Co.
#cybersecurity #third-party-vendors #service-disruptions #security-risks #concentrated-security-risk
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