70% of the data breaches involve the negligence of a 3rd party. Let’s understand this with Target’s classic example. In 2013, they were using a contractor, Fazio, to do maintenance of their air conditioning systems. The hackers got into the Fazio systems and used it as a jumping pod to infiltrate and hack into Target’s infrastructure. Big companies like Audi and Volkswagen have also suffered such cyberattacks due to 3rd party negligence. This is a problem we solve at SecurityScorecard. Before we came into the scene, organizations dealt with security concerns regarding vendors and partners in a very subjective, manual way. They’d hand over a piece of paper and ask them to fill in their answers. But with SecurityScorecard, we pioneered how those assessments are done through metrics and readings that provide a complete picture of their cyber risk exposure. Website: https://securityscorecard.com/ SecurityScorecard is the global leader in cybersecurity ratings and the only service with over 12 million companies continuously rated. The company is headquartered in New York and operates in 64 countries around the globe. #cybersecurity #cyberrisk #cyberratings #linkedin