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Vendor Security Alliance formed to improve cyber-security of third-party providers

30
Sep
2016
Vendor Security Alliance formed to improve cyber-security of third-party providers

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Nine technology companies—Uber, Docker, Dropbox, Palantir, Twitter, Square, Atlassian, GoDaddy, and Airbnb—have recently founded the Vendor Security Alliance (VSA), an independent, non-profit coalition that aims to help member companies evaluate or assess the security and privacy of third-party providers whom they heavily rely on and even entrust their users most important data with. They also have taken upon themselves to standardize and create a benchmark of acceptable cyber-security practices vendors need to comply with.

If you may recall, criminals are able to compromise companies they’re eyeing on by breaking into systems of third-party providers or subcontractors first. Such has been the case with the Target breach.

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