NAVEX Global has released data that shows that US companies are now moving quickly to go after vendors on cyber issues.

Recently I had a conversation with a CSO who discussed the disconnect between a technology vendor’s (manufacturer) product roadmap and his organization’s needs. “I go to these conferences and it seems they are creating solutions without any understanding of how we are organized, our organizational measures of performance, or our challenges with risk and resilience,” he said.

Respondents to a survey on third party risk report that third party risk in their organization is increasing significantly.

 Wall Street banks and other financial institutions need further strengthening of their cyber security measures.