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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 8 months, 2 weeks ago

Nation-State Breach Hits Ribbon Communications

SEC Filing Reveals Telecom Vendor Was Compromised for Nearly a YearA nation-state threat actor carried out a supply chain attack targeting Ribbon Communications, a leading U.S. provider of telecom and networking infrastructure, and may have maintained access within its systems for nearly a year. Ribbon said it became aware of the activity in early September.

Bank Info Security 8 months, 2 weeks ago

Francisco Partners to Buy Apple Security Firm Jamf for $2.2B

Private Equity Firm's $13.05-Per-Share Bid Comes 5 Years After Jamf Went PublicFrancisco Partners agreed to purchase Jamf for $2.2 billion just three months after the Apple management and security vendor laid off 6.4% of its workforce. The $13.05-per-share offer will provide Jamf with greater financial flexibility to accelerate growth and expand through innovation and M&A.