Today’s business environment continues to be a challenge. Businesses whether small, or large leverage third-party vendors to provide critical services like data handling (security, transmitting, and storage), cloud storage/applications, and systems security monitoring.
Each business must ask themselves a few simple questions about one of their most valuable assets “Data”. If or when it leaves your secure working environment:
- How secure is your customer data in transit and storage?
- Do your third-party vendors handle your “critical information”?
- Provide a secure environment for processing?
- Comply with a proven Cyber Security Framework?
- Perform a “Due Diligence” on-boarding step for the Nth vendors (how many vendors handles your specific data) in your cyber supply chain?
- Follow security agreements and service level agreements catered to information security?
- Ensure data privacy is an important element of their InfoSec Program?