A Crisis in Third-Party Remote Access Security Over half of organizations have experienced a data breach caused by third parties that led to the misuse of sensitive or confidential information. An even larger number attribute the cause of the data breach to granting too much access to third parties.
Full Answer
Is there a crisis in third-party remote access security?
SecureLink and Ponemon Institute today released a new report titled “A Crisis in Third-party Remote Access Security”, revealing the alarming disconnect between an organization’s perceived third-party access threat and the security measures it employees.
How many individuals are involved in managing remote third-party data risks?
The study was conducted by Ponemon Institute on behalf of SecureLink and includes responses from 627 individuals who are involved in their organization’s approach to managing remote third-party data risks.
Why is it important to assess the security and privacy of third parties?
“It is important that organizations assess the security and privacy practices of the third parties that have access to their networks and ensure that they have just enough access to perform their designated responsibilities and nothing more.”
What happens if a breach occurs due to a third party remote access connection?
This means that if a breach did occur due to a third-party remote access connection, an organization may be left unaware of the intrusion, or it would take longer to discover the breach because of the lack of preparation in the intake process. IDENTITY AND ACCESS MANAGEMENT Controlling third-party permissions.
Why are organizations vulnerable to third party attacks?
In general, organizations are most vulnerable in the connectivity stage of the third-party lifecycle due to the lack of control, visibility, restriction, and compliance of their third- party vendors. For this reason, third-party remote access is increasingly becoming the weakest attack surface for an organization.
Is third party remote access a security threat?
As evidenced in this report, many organizations view third- party remote access as a security threat, but not a priority. Organizations are not taking the necessary steps to reduce third-party remote access risk, and, as a result, exposing their networks to security and non-compliance risks.
What is a crisis in third party remote access?
SecureLink and Ponemon Institute today released a new report titled “A Crisis in Third-party Remote Access Security”, revealing the alarming disconnect between an organization’s perceived third-party access threat and the security measures it employees. Findings revealed that organizations are not taking the necessary steps to reduce third-party remote access risk, and are exposing their networks to security and non-compliance risks. As a result, 44% of organizations have experienced a breach within the last 12 months, with 74% saying it was the result of giving too much privileged access to third-parties.
Why are organizations not evaluating the privacy and security practices of third parties?
Source and select: Reliance on reputation is the most common reason that organizations are not evaluating the privacy and security practices of third-parties, according to 63% of respondents.
Who conducted the Ponemon study?
The study was conducted by Ponemon Institute on behalf of SecureLink and includes responses from 627 individuals who are involved in their organization’s approach to managing remote third-party data risks. Respondents are based in North America, spanning six industries, including financial services, health and pharma, public sector, services, and industrial and manufacturing.
Is third party remote access a priority?
The report highlighted that while many organizations view third-party remote access as a security threat, it is not a priority — even despite the increasing volume and sophistication of cyberattacks happening around them.