Stronger third-party security: The value of utilities

The greatest cyber threat with the most archaic defenses

Did you know that 61% of all cyber security breaches involve a third party? Recently, an unprecedented number of attacks have made third-party risk management a rising priority for technology executives and even the boardroom.

In this podcast, Jonathan Dambrot of KPMG and guest from CyberGRX discuss utilities and the best ways to build a stronger risk management program.

Discussion topics include:

• The unique role of utilities in third-party risk management
• How to get a full view of your third-party security risks
• Common misconceptions about risk management tools
• The best ways to assess vendor risk
•  How the industry is transforming third-party security
• The impact of COVID-19 on the regulatory environment
• Standardization of risk assessment processes
• How to demonstrate risk reduction