There are myriad security risks in giving third-party vendors access to your network and data. If a third party gets hacked, your company can lose vital business data, and confidential employee information can be compromised.
A new report says that while cyber liability insurance has proven effective in covering many cyber-related losses, the majority of small breaches often fall below cyber insurance policy deductibles that trigger coverage, leaving organizations to manage and pay for all breach response.
A new Dell report found that though the C-suite recognizes the benefits of data security, organizations are still struggling to develop programs that effectively incorporate security strategies without detracting from other business initiatives.
Fifty-four percent of respondents in The Global Study on the State of Payment Data Security, conducted by the Ponemon Institute on behalf of Gemalto, have had a security or data breach involving payment data an average of four times in the past two years.