November 13, 2017//Ellen NeveuxLast Updated: April 13, 2021
Using a third-party vendor can be a cost-effective solution to fill a skills or services gap in your operation. But how do you know privileged access to your network is not costing you in dollars and data?
Increased agility, scalability, and access to niche services continues to drive the growth of outsourcing to third-party vendors. A 2016 survey from PwC reports a 22 percent increase in security incidents attributed to third-party business partners. Outside of current and former employees, third parties are the biggest slice contributing to network vulnerability.
To protect your intellectual property and enterprise, it is critical to create and maintain a good understanding of the parties to whom you provide privileged access. When you give a third party vendor privileged access to your network, it can challenge your compliance if the vendor ultimately proves to be a security risk. Because of this vulnerability, best practices require that you track vendors who have remote access, preferably through an audit trail.
While a data breach mitigation strategy is essential, implementing audit trail best practices on the front end reduces your network vulnerability and the likelihood of a damaging breach event—and associated liability.
Many companies fail to take steps to mediate their risk of a network breach when onboarding vendors, consultants, partners, and service groups.
Some companies create general or group network credentials. Others do not track activity on their network beyond event logs. Neither of these options are sound practices. An audit lets your IT group identify users on your network, how and why they are accessing your network, and when they do so.
Ideally, your platform provider, like SecureLink, offers real-time network security audit and IT security tools. The more finely-grained your view of activity on your network, the greater the likelihood that you can recognize and minimize anomalous behavior.
High-profile hacks, like the Equifax breach, remind us that hacking is a mainstream venture for bad actors. When you want to protect your enterprise from a criminal, talk to us at SecureLink about how to keep your data safe and your company compliant.
Our sole focus is secure third-party remote access. For highly regulated enterprise organizations, SecureLink Enterprise has pioneered a secure remote access platform. SecureLink for enterprise allows an organization to identify, control, and audit third-party vendors. For vendors, SecureLink is the gold standard remote access support platform because it is easy, efficient, and ensures compliance and reduces liability when supporting customers.