By Craig Davies, Chief Information Security Officer, Gathid. Read Craig Davies' full executive profile here.
The security of any organization's data and systems can often be compromised by seemingly benign entities—third-party contractors, vendors and outsourced service partners. While these external entities require access to sensitive systems and data to fulfill their roles, improper management of these access rights often leads to data breaches and other security incidents.magazine) highlighted the ongoing risks third parties pose in organizational security.
Auditing ensures that only authorized third-party entities can access sensitive systems. This controlled access helps prevent security incidents by monitoring activities for abnormal behavior.Compliance standards across regulated industries mandate control over data access. Regular third-party access audits ensure compliance with regulations like GDPR, HIPAA and SOX, documenting access specifics and preventing potential legal and financial repercussions.
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