Third Party Risk Management and The Cloud
Summary
This article discusses the benefits and drawbacks of moving Third Party Risk Management (TPRM) systems to the cloud. It highlights potential advantages like scalability and disaster recovery, while also acknowledging potential caveats. The session aims to cover key aspects of TPRM in the cloud, including its importance in enterprise security and compliance.
IFF Assessment
The article focuses on improving security and compliance through TPRM in the cloud, which is beneficial for defenders.
Defender Context
As more enterprise data resides in the cloud, organizations must carefully consider the security implications of extending vendor access to these environments. Defenders should focus on robust TPRM strategies that account for cloud-specific risks and ensure proper controls are in place for third-party access to cloud-based systems.