Top 20 Most Asked Third Party Risk Questions for Vendors These questions help organizations assess the overall risk posed by third-party vendors, covering critical areas like data protection, regulatory compliance, and incident response. Here’s a list of the Top 20 Most Asked Third-Party Risk Management (TPRM) Questions for Vendors in TPRM questionnaires: 1. What types of sensitive data do you handle for our organization? Vendors should clarify the types of data they collect, process, or store, such as personal information, financial data, or intellectual property. 2. How do you protect data at rest and in transit? This question probes into the encryption methods, protocols, and security controls in place for safeguarding data during storage and transmission. 3. Do you have a formal Information Security Program in place? Vendors should describe their overall cybersecurity framework, including policies, procedures, and governance. 4. How do you manage user access to our data and syste
10 Important Cybersecurity Practices for your Business 1. EDUCATION It’s much easier to prevent a hack than it is to recover from a hack. Once your company’s sensitive data is stolen through a ransomware attack, recovering it is often a long and arduous process. Teaching employees about basic security, personal cybersecurity, and the prevalence of cyber threats goes a long way in stopping ransomware attacks before they can really do damage. Your employees should understand that they might be targets of malicious actors, eager to exploit any entry they can find in your company. The average cost of a cyberattack is 3.86 million and the cumulative total for global cybercrime is expected to cost $6 trillion. If you don’t pay to train your employees about cybersecurity best practices eventually you may end up paying more in the long run. High quality and free trainings for your employees are available from several government resources including Department of Homeland Security. 2. BETTER