Third-Party Risk Management
Amazon Data Breach: MOVEit Vulnerability Exposes 2.86M Employee Records
In 2023, Amazon confronted a significant security incident involving the MOVEit third-party breach, which resulted in the theft of a substantial amount of employee data. This breach, executed by a hacker known as "Nam3L3ss," has raised serious concerns regarding the security of third-party vendors and the broader implications for companies that
Enhancing Vendor Practices to Boost Cybersecurity in Mid-Size Banks
A recent survey conducted by law firm Jones Walker and published Tuesday reveals that community and mid-size banks are lacking in comprehensive due diligence and robust contract negotiations with their third-party vendors. This deficiency is a critical vulnerability, especially in instances of data breaches by vendors. The survey underscores the