Organizations are struggling to effectively manage and secure third-party access into critical networks and systems. 74% of data breaches caused by a third party were due to granting too much privileged access to the vendor. 73% of IT and security professionals think managing third parties is a drain on internal resources. Gartner predicts that by 2025, 60% of organizations will use cybersecurity risk as a primary determining factor in conducting third party business transactions. Your level of security will determine if a customer chooses you over your competitors.”]
Source: https://www.cuinfosecurity.com/blogs/gain-competitive-advantage-third-party-security-p-3228