The Higher Education Community Vendor Assessment Toolkit (HECVAT) helps higher education mitigate the impact of security risks of vendor relationships offering cloud-based services. With supply chain attacks on the rise, and vendor risks ranking in the top three initial attack vectors for data breaches, HECVAT compliance is becoming a mandatory requirement for partnering with higher education institutions.
According to a Gartner report, 60 percent of organizations work with more than 1,000 third parties that connect to their internal systems, and nearly 58 percent of organizations believe they have incurred a vendor-related breach. Many third parties require more access to organization data assets and are increasingly working with their own third parties, further multiplying the size and complexity of the third-party network.
We’re elated to announce that ManageEngine has been recognized in the 2022 Gartner® Magic Quadrant™ for Privileged Access Management.
More companies are switching from on-premises systems to public cloud services, ensuring long-term growth and digital resilience. But as their implementations grow, they begin to realize that their exposure to cyberattacks and other risks grows as well. Cybersecurity is an essential practice for successful businesses. Adapting to business growth is a good problem to have, but without an eye on cloud security, that growth could cost you in the long run.