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COVID-19 Third Party Risk Management Guidance Found in 2008 Financial Crisis Lessons

By Kyle Lai CISSP, CSSLP, CISA, CIPP/US/G

COVID-19 Third Party Risk Management Guidance. Businesses globally have been adversely affected by the Coronavirus / Covid-19 pandemic. The trend for decades has been to increasingly rely on the operational flexibility that comes through contracted third-party suppliers and service providers. But that flexibility comes with additional risk: Reliance on their financial and operational stability, but also through taking on their added cybersecurity risks. In a time of crisis, are they sacrificing cybersecurity priorities in their efforts to continue as a going concern?

In all likelihood, yes.

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Work Safely From Home With Secure Home Office Network Solutions

Many business organizations and public institutions are initiating or increasing temporary “Work From Home” scenarios out of concern for their employees due to the proliferation of the novel Coronavirus. KLC Consulting – Cybersecurity is available to assist employees and IT staff with the setup of Secure Home Office Network Solutions.

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