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Security has become a top priority for organizations with the changing threat landscape and the emergence of complexities. Security service providers are becoming more important based on industry pressures, changing approaches to security, and the changing nature of business.
Vendor Engagement: A Proactive Approach to Mitigating Cyber Risks
What are some emerging cyber threats that make vendor-client engagement crucial in order to stay ahead?
Read the blog post written by Linus Lai, Vice President of Digital Business and Trust, and James Sivalingam, Senior Program Manager to find out.
Read Blog
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In Asia/Pacific, there is a greater shortage of cybersecurity talent than in other parts of the world. Vendors are addressing this issue by building their own talent pipelines through partnerships in the countries where they operate. However, the demand growth outpaces the supply, which is further exacerbated by buyers' demands for localized services and resources.
IT and security services are increasingly being provided by a select few vendors across the AP region. Despite their IT infrastructure and systems being distributed, unified security platforms are becoming increasingly popular as a means of reducing technology and IT risks from one single pane of glass.
There had been rapid adoption of next-generation of technologies such as cloud computing among organizations in the region. This new perimeter-less, distributed and diverse IT infrastructure has resulted in security attacks around the world. A lack of innovative security measures puts organizations at risk of data breaches and cyberattacks
Organizations are rapidly embracing the concept of digital trust as supply-chain attacks and third-party attacks are prevalent. Along with internal security risks, organizations are now also concerned about risks of shared IT resources, digital activity reputations, and the reputation of their partners in general.
The adoption of new technologies tends to result in more distributed and decentralized data and workloads, which has led to increased regulatory pressures to ensure effective risk management. Governance, risk, and compliance (GRC) solutions are becoming more widely adopted as a result of regulations and privacy laws. Organizations rely more heavily on their vendor partners for guidance on compliance.