Digital and analytics revolutions are being embraced by businesses like never before. Due to the COVID-19 epidemic, even those who did not intend to make big IT changes have been forced to adopt entirely remote working methods. Companies make many critical IT changes on the fly in fast-paced business contexts, with security waivers and risk-mitigation promissory notes issued almost as quickly.
As cyber breaches and attacks become more common, senior executives in every industry are investigating the origins of their vulnerabilities, including the third parties and supply chains that enable them to operate. Chief information officers (CIOs) and chief information security officers (CISOs) are being questioned in the wake of high-profile occurrences like the recent Sunburst malware assault.
CIOs and CISOs are now faced with a dilemma: they must secure their own IT infrastructures while also taking into account the security of third-party elements within those settings. Third parties must be made to comply with security that supports the enterprise’s goals, both technically and in contract-driven risk-mitigation components. To maintain collaboration while ensuring enough protection for the systems.
Certain sorts of attackers build broad-range partnerships to fulfil their threat-focused aims, as the Sunburst attack demonstrates. CIOs and CISOs, as well as their third-party counterparts, may and must do the same. They can collaborate to set challenging goals and achieve the security excellence required to meet the enterprise’s risk-mitigation needs. Make no mistake about it: cyberthreats are real.