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Third Party Supplier Security: The supply chain challenge

As supply chains become increasingly complex, and efficiency savings motivate companies to outsource business processes, service providers continue to be a primary vector for information security risks. In part this is because of the lack of usable, consistent standards for suppliers. Many suppliers are small and do not have the resources to adequately implement widely-accepted information security standards, leading to data breaches such as that of US retailer Target in Dec 2013. We also continue to see the mistaken belief that information risk is something others need to think about.

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