With cybercrime losses expected to reach $6 trillion by 2021, companies need to better understand their cyber risk profile – not only within their own organisation but also out in the ever-changing network of their partners, suppliers and other third- and fourth-parties.
Today’s slow, manual cyber risk assessments cannot scale to meet the challenge, leaving decision makers potentially short of information at critical moments. Under GDPR you will have potential liability, so the question needs to be addressed.
Identify the extent of third-parties and the cyber security risks they present.
RiskXchange from Northdoor can help your organisation:
Gain access to a framework for managing third-party cyber security risks and GDPR compliance.
Understand your company’s compliance requirements for third-party processors.
Integrate third-party risk management into the operational and enterprise risk management strategy of the organisation.
Contact us today for more information: www.northdoor.co.uk/riskxchange or email info@northdoor.co.uk
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