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This blog takes a closer look at why third-party cyber risk tools often miss critical vendor issues and what a more effective approach looks like.
This report analyzes 8,315 ransomware attacks from 2015 to 2025, revealing that about 0.51% of organizations face such attacks annually, with poor cybersecurity hygiene increasing risk by over tenfold, and that ransomware affects every sector and geography, emphasizing the need for continuous, intelligence-driven supply chain risk management and 24/7 security operations to improve resilience and reduce ransomware impact.
If you’re responsible for third-party risk, cyber risk, operational resilience, security strategy, or vendor governance, this report will help you understand:
You rely on your third- and fourth-party vendors to do business, but those vendors also pose risk to your enterprise’s sensitive data. RiskRecon gives you accurate, non-invasive visibility into your vendors’ security postures and then ranks vulnerabilities in order of priority so you know which issues to tackle first.
With our third-party cyber risk assessments, you’ll also be provided with custom-fitted risk action plans so you can immediately start engaging with your vendor for remediation. And if a vendor’s cyber risk degrades or an element falls out of policy, you’ll be notified instantly.