Cybersecurity

The Weakest Link in Your Security Chain May Not Be Yours

Written by
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Susanna Perrett

Picture the scene. Your company has locked things down. Strong passwords everywhere. Multifactor authentication on every login. A team so well trained they can spot a phishing attempt without breaking stride. You sleep well.

Then a vendor you have not thought about since the day the contract was signed gets breached, and your customer data is out in the wild anyway.

Welcome to third party risk, the security problem you cannot patch on your own.

The Chain Stretches Far

Almost nobody operates in a bubble now. You share data with vendors, lean on cloud platforms, and plug in software built by people you will never meet. Tools such as payroll, marketing automation, customer support, cloud storage, ticketing systems, patient records, etc., all proprietary information.

Some of these tools have been in use for years. Every one of them is a link in your security chain and represents a door to your critical data.

You can run a genuinely excellent security program and still find yourself explaining the situation to your customers, because the failure did not happen in your building. It happened in someone else's environment. Your data was still exposed. Trust was still lost. And when the phone rings, it is not ringing at your vendor's front desk.

Why It Sneaks Up

Vendor risk hides in plain sight, and it does so quietly. It arrives one tool at a time.

Somebody needs a solution, finds a good one, and signs up. Six months later somebody else does the same. Contracts get judged on price and features while security practices wait at the bottom of the page. Once a vendor is inside, they tend to stay inside. Renewals go through, teams change, the vendor's own risk profile shifts, and nobody circles back to ask how things are going over there.

None of that is carelessness. It is what growth looks like from the inside. Teams move quickly, tools multiply, and reviewing every provider never feels urgent.

Good Vendor Management

The goal is not to put every software provider through an interrogation. It is to build the habit of asking a few sharp questions before you hand over data, then asking them again periodically.

Five questions do most of the heavy lifting.

  1. How is our data stored, and is it encrypted both at rest and in transit?
  2. Have you experienced a breach, and how did you handle it?
  3. Which of your employees can reach our information, and how is that access controlled?
  4. Which security standards or certifications do you hold today?
  5. What happens to our data on the day we part ways?

Trying to implement this all at once can be overwhelming. Using a tiered plan makes it more achievable. Start by ranking your third-party vendors and evaluate their security practices. Start with the ones that can access your most critical data. Regular ranking and evaluations can help to mitigate the risk.

Cloud Tools Are on the List

Cloud services run modern business, which is precisely why they are worth a second look. When you adopt a cloud tool, you are handing someone else your data, your infrastructure, or both. Their security decisions become your security reality whether you read the documentation or not.

The silver lining, pun fully intended, is that serious cloud providers publish a remarkable amount about how they protect you. Certifications, architecture, incident history, and how they keep your data separate from everyone else's. It is all available to anyone willing to read it. So read it. Then ask about whatever the documentation leaves out.

Make It a Habit

Vendor risk is not a checklist you complete and file. It is closer to tending a garden. New vendors arrive, old ones renew, needs shift, and the whole thing keeps growing whether anyone is watching or not.

Three habits keep it manageable:

  1. Review security at onboarding and set a calendar reminder a year out.  
  2. Keep one running list of every vendor with access to your data, so nothing slips out of view.
  3. Write your security expectations into contracts rather than leaving them in conversation, where recollections tend to differ.

It really is just good habits. None of this requires a specialized team or tool, and with a little effort can be accomplished by anyone.

The Takeaway

Your own systems may be sealed up tight, but security is a team sport now, and some of your teammates are companies you have never met in person. Checking on their practices is not paranoia. It is part of the duty of care that comes with holding other people's information.

Pull up your vendor list this week and count the links. You may be surprised how far that chain has grown. An extra benefit, you might find tools you no longer use and are still paying for. A little cost savings along with extra security is always a win.

If you need help securing your data, book a meeting with one of our IT Experts.

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