Are vendors exposing your company's data and credentials?

Now more than ever, businesses rely on external agencies for products and services to sustain operations. Thereby granting them access to the company’s systems and data. Incidentally, the security of such data is only as strong as the vendor’s security policies and practices. Third-party data leaks may even result from Corporate Espionage.

What is the reason for increased third-party risks?

While third-party vendors help increase efficiency and reduce costs, they also serve as entry points for threat actors. Vetting your vendors and performing periodic assessments are a good start, but they fall short when it comes to fourth-party vendors and continuous monitoring, giving ample scope for threat actors to target your company.

63% cyber attacks traced back to third-party vendors

Soha Systems’ study in 2018 indicated that 63% of all cyber attacks could be traced back to third-parties, either directly or indirectly. Considering the rapid growth of the vendor landscape, we can only assume that these numbers are relatively lower than what it must be today.

What data are you putting at risk through vendors?

• Source Code

  Trusting third-party vendors with sensitive data, API addresses, and source codes, without centralized control over them, may cause your data to end up on public repositories.

• Credentials

  If you do not maintain comprehensive inventories of your vendors, chances are, their unsecured networks could facilitate credential theft that could result in extensive infiltration of your organization.

• Confidential Data

  Confidential data, shared with third-party vendors, could be left unsecured, allowing threat actors to exfiltrate sensitive information pertaining to your organization, and sell it on the dark web.