Third-Party Supplier Risk

The most obvious opportunity around third-party risk assessment offerings is to assess the risk posed by third-party vendors and suppliers when it comes to cybersecurity. The shift in the market around third party risk scoring, CTO Stephen Boyer said, is that it is now possible to rate third party companies using public information, rather than having to ask them to share information that might be slow to gather or might not be in their best interest to share. That's important, Boyer said, because the vast majority of breaches – upwards of 70 percent – still stem from some sort of third-party attack.