The Australian Cyber Security Centre recently warned that supply chain and third-party compromises are becoming a growing cybersecurity risk. While the warning was issued for Australian businesses, the reality is the same for small and medium-sized businesses everywhere.
Your business relies on other companies every day, from payment processors and accountants to cloud software and IT providers. If one of them has weak security or is compromised in a cyberattack, your business could be affected too. Here’s what third-party risk means, how it can impact your business, and the steps you can take to reduce it.
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