Most organizations are heavily reliant on third-party vendors for a large component of their business.
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According to Deloitte, a typical Fortune 500 company may use more than 100,000 external third-parties—including vendors, suppliers, service providers, and outsourcers—to meet its business objectives and stay competitive.
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With these added relationships, however, come higher exposures to security risks including data breaches and cyberattacks.
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Riskonnect offers insight into some of the risks companies face when doing business with third-parties:
