Fortifying Your Business: Third-Party Data Breach Prevention, AI-Driven Risk Management, and Industry Vulnerabilities

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Can your organization withstand the rising tide of third-party data breaches? In our latest episode, we promise to equip you with the essential strategies to safeguard your business. Join us as we sit down with Brad Hibbert from Prevalent, who unveils startling statistics from their annual survey, revealing that an overwhelming 61% of respondents have experienced breaches tied to third-party vendors. With high-profile cases like Target, Code Cove, and LastPass fresh in our minds, we explore why industries such as healthcare and finance remain especially vulnerable and what can be done to bridge the gap between identifying risks and actually mitigating them.
Discover why traditional risk assessments are no longer sufficient in today’s digital landscape and how real-time monitoring can revolutionize your third-party risk management approach. Brad shares invaluable advice on building a robust risk management program that integrates procurement, compliance, privacy, and cybersecurity teams. Learn about the critical drivers behind effective third-party risk management and the increasingly pivotal role of AI and automation in this arena. Tune in for practical, actionable insights that promise to enhance your organization’s resilience against third-party data breaches.

More at https://linktr.ee/EvanKirstel

Chapters

1. Fortifying Your Business: Third-Party Data Breach Prevention, AI-Driven Risk Management, and Industry Vulnerabilities (00:00:00)

2. Rising Third-Party Data Breaches (00:00:03)

3. Third-Party Risk Management Strategies (00:10:29)

4. Third-Party Risk Management Insights (00:15:56)