4th Party Risk: Due Diligence Is Key
Okay, so, like, 4th party risk. What even IS that, right? Well, its basically the risk that comes from the companies your vendors use. (Think of it like a friend of a friend screwing up...and you getting the blame!) You have vendors, right? They do stuff for you.
4th Party Risk: Due Diligence Is Key - managed services new york city
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The problem is, you might not even know who these fourth parties are. And that lack of knowledge? Big problem. Because if they have a data breach, or a security flaw, or, like, just straight up mess something up, it can come back to bite you hard. Even though you didnt directly hire them!
Thats why due diligence is key. Seriously. You gotta do your homework. Its not enough to just trust your vendors to pick good vendors. You need to ask questions. Like, who are you using? What security measures do they have? Whats their track record? (And maybe even, like, have YOU done any due diligence on THEM?)

Think of it this way: imagine youre building a house. You hire a contractor (your vendor). managed services new york city You trust them to build it right. But the contractor hires a plumber (their vendor). And the plumber buys pipes from some shady supplier (your 4th party). managed service new york If those pipes burst, flooding your new house, whos gonna be happy? NOBODY!
4th Party Risk: Due Diligence Is Key - managed service new york
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It can be a lot of work, I know. managed services new york city Checking up on everyone. But its way better than dealing with the fallout from a 4th party screw up!
4th Party Risk: Due Diligence Is Key - managed services new york city
- managed it security services provider
- managed it security services provider
- managed it security services provider
- managed it security services provider
- managed it security services provider
- managed it security services provider
4th Party Risk: Due Diligence Is Key - managed service new york
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- managed services new york city
- managed service new york
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- managed services new york city
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- managed services new york city
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