Benchmarking

Boards of directors are often interested in third-party risk assessment services as a way to benchmark their own security capabilities against their competitors, President and COO Tom Turner said. Turner said that allows board of directors to have more strategic conversations around cybersecurity from a business risk perspective, a conversation he said they are increasingly looking to have.

"Like all security topics, discussions about this are in the board room right now," Turner said. "My belief is third-party risk is much more consumable [for those executives]."