How to measure and mitigate third-party risk in supply chains

View profile for Marjorie Pataray

Third Party Risk Management | Operations Officer | Vendor Risk | LEI | Real Estate | Customer Service | CSSWB | TPRM | Broadcasting Communication | SDG Advocate

Third-party risk is becoming one of the most pressing issues for companies. Most breaches now involve suppliers or partners. Structured frameworks, ongoing due diligence, and transparent coordination with vendors are necessary if we want to make supply chain security measurable and actionable. #thirdpartyrisk #vendorrisk

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The majority (71%) of organizations experienced at least one material third-party cybersecurity incident in the past year, and 5% reported 10 or more such incidents, according to a recent survey of 546 IT directors and CISOs by cybersecurity ratings vendor SecurityScorecard. Third-party involvement in breaches has doubled in recent years, surging from 15% to nearly 30%, according to supporting data from the 2025 Verizon Data Breach Investigations Report. Story by John Leyden: http://spr.ly/6040APs8q #DataBreach #RiskManagement #SupplyChain

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