More often than not, your company’s cybersecurity policy revolves heavily on internal employees, their access, and the rules around what’s okay and what isn’t. But, what about your external employees – like your vendors, third parties, and contractors? Usually, these external entities are able to access important and confidential information. In order for your company’s cybersecurity strategy to be well-rounded, it should include a vendor access management platform.
The companies that understand the importance of implementing a tool specifically made for the control and management of vendors will see a marked improvement in four key areas that are not only costly, but avoidable, issues:
- Lower the risk from cyberattacks that stem from a third-party
- Detect third-party cyberattacks faster
- Remediate cyberattack damages faster
- Reduce impacts from those attacks