Cyber Third-Party Risk Management: A Comparison of Non-Intrusive Risk Scoring Reports

Autor: Unal Tatar, Irem Tatar, Kevin Matthe Caramancion, Owais Raza, Omer F. Keskin
Rok vydání: 2021
Předmět:
Zdroj: Electronics
Volume 10
Issue 10
Electronics, Vol 10, Iss 1168, p 1168 (2021)
ISSN: 2079-9292
DOI: 10.3390/electronics10101168
Popis: Cybersecurity is a concern for organizations in this era. However, strengthening the security of an organization’s internal network may not be sufficient since modern organizations depend on third parties, and these dependencies may open new attack paths to cybercriminals. Cyber Third-Party Risk Management (C-TPRM) is a relatively new concept in the business world. All vendors or partners possess a potential security vulnerability and threat. Even if an organization has the best cybersecurity practice, its data, customers, and reputation may be at risk because of a third party. Organizations seek effective and efficient methods to assess their partners’ cybersecurity risks. In addition to intrusive methods to assess an organization’s cybersecurity risks, such as penetration testing, non-intrusive methods are emerging to conduct C-TPRM more easily by synthesizing the publicly available information without requiring any involvement of the subject organization. In this study, the existing methods for C-TPRM built by different companies are presented and compared to discover the commonly used indicators and criteria for the assessments. Additionally, the results of different methods assessing the cybersecurity risks of a specific organization were compared to examine reliability and consistency. The results showed that even if there is a similarity among the results, the provided security scores do not entirely converge.
Databáze: OpenAIRE