Ekran System Blog

News, opinions, and industry insights

December 02, 2020

Cooperation is the key to success. Working with third parties helps businesses increase their productivity and efficiency, produce better products and services, employ highly qualified experts, and cut costs. But all these benefits come at the price of increased cybersecurity risks.

 

Minor flaws in your third-party vendor’s security and privacy routines may turn into cybersecurity weaknesses for your company. In this article, we analyze the particular cybersecurity risks related to third parties and how you can mitigate them.

 

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January 20, 2020

Today’s banks and financial institutions closely cooperate with various third-party vendors. While such cooperation brings a lot of benefits, it also raises some significant concerns regarding the security of the data and resources these vendors have access to. In fact, according to Verizon’s 2019 Data Breach Investigations Report, the financial sector is among the most targeted, accounting for about 10% of all data breaches across all industries in 2018.

 

In this article, we discuss the key reasons why financial institutions hire independent contractors...