‘It Comes Back To You’: Evaluating Third-Party Cyber Risk Management
Expanding on this, national cyber security expert and the Director of Information Security Services at Integral Partners, Kayne McGladrey, told the Cyber Security Hub that, “If you’re breached by a third party, nobody cares that it’s the third party’s fault. It comes back to you.”
He continued: “It’s your fault for not having adequate controls. And the single easiest third-party control is around onboarding and off-boarding third-party accounts.”
Even if you’re rotating passwords, monitoring privileged access, auditing, etc., McGladrey said you must know, empirically, who’s accessing your network.