Managing the cyber security risks of hybrid workplaces
How to manage the increased risk of third parties in a hybrid space
Managing third-parties has become more complex following the advent of digital acceleration and the introduction of hybrid workplaces. There is now more potential for data breaches, downtime, financial losses and other liabilities.
Building cyber resilience relies of companies understanding the key framework as well as stages to third-party risk management, as well as them selecting the right third-party risk metrics for multiple levels of management. This allows them to understand and define the third-party management process lifecycle.
In this Cyber Security Digital Summit: APAC 2022 session, Welcome Chan, head of technology risk management at ICBC Asia, shared best practices for managing third-party risks when accessing sensitive information or materials, in addition to ways to manage risk and compliance issues arising from third-party businesses.
