Vendor security covers risks introduced by suppliers, including software flaws, exposed systems, and weak access to customer data.
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Background for this topic.
Vendor is an external organization that supplies an IT product or service, such as software, hardware, cloud hosting, or managed security. In security reporting, the term usually concerns a third party whose technology, personnel, or connectivity forms part of an organization’s environment or handles its data.
Vendor risk depends on the access and dependency involved. A compromised or poorly secured vendor can expose customer information, introduce vulnerabilities through software updates or components, or provide attackers with a route into connected systems. Practical controls include risk-based due diligence, contractual security and notification requirements, least-privilege access, vulnerability and software-supply-chain review, monitoring, and prompt removal of access when a relationship ends. Assessments should also address privacy obligations and how the vendor will support investigation and recovery if a security incident occurs.
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CareCloud: Intruder Accessed Systems for 8 Hours, Still Assessing Extent of BreachElectronic health records vendor CareCloud has notified the U.S. Securities and Exchange Commission of a cyber incident earlier this month that temporarily disrupted the software and accessed one of its EHR environments. The company is assessing whether patient data was accessed or stolen.