Your supplier has just suffered a data breach? Here’s what you need to know
Cyber attacks can happen to anyone, fund administrators Mainspring recently suffered a ransomware attack, MSP solution Kaseya was also victim to a hack and let’s not forget the infamous Solarwinds breach. The point is: data governance and third party risk management can only go so far, these breaches happen (and more often than you think). Don’t blame your supplier, instead help them to respond to the issue as best as possible.
Cyber attacks can happen to anyone, fund administrators Mainspring recently suffered a ransomware attack, MSP solution Kaseya was also victim to a hack and let’s not forget the infamous Solarwinds breach. The point is: data governance and third party risk management can only go so far, these breaches happen (and more often than you think). Don’t blame your supplier, instead help them to respond to the issue as best as possible.