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Latest coverage for Vendor

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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Bank Info Security 1 year, 2 months ago

Netgain Technology Pays $1.9M in Data Breach Settlement

Financially Strapped Cloud Services Firm Settles Suit From 2020 Patient Data HackA financially strapped cloud services vendor that experienced a 2020 ransomware attack affecting dozens of healthcare sector clients and hundreds of thousands of patients has agreed to a $1.9 million settlement in proposed class action litigation involving the data theft case.

Bank Info Security 1 year, 2 months ago

Why GSA's OneGov Strategy May Face Implementation Hurdles

Analysts Warn White House IT Plan Could Conflict With Deregulation DirectivesExperts warn a new strategy that aims to centralize federal IT procurement under the General Services Administration with standardized terms and deep vendor discounts may actually undermine deregulation goals while excluding small vendors and clashing with agency-specific cybersecurity mandates.