Why Service Provider Managementis Critical?
In our modern, connected world, enterprises rely on vendors and partners to help manage their data or rely on third-party infrastructure for core applications or functions.
There have been numerous examples where third-party breaches have significantly impacted an enterprise; for example, as early as the late 2000s, payment cards were compromised after attackers infiltrated smaller third-party vendors in the retail industry. More recent examples include ransomware attacks that impact an enterprise indirectly, due to one of their service providers being locked down, causing disruption to business. Or worse, if directly connected, a ransomware attack could encrypt data on the main enterprise.