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Third Party Risk: Managing risk in the digital era: third party risk

In the wake of an increase in data breaches coupled with the escalating need for businesses to outsource and migrate data to third parties, it is important for those businesses to adopt a risk based approach at every stage of the relationship. Neira Jones, the Senior Vice President for Cybercrime at the Centre for Strategic Cyberspace and Security Science, and the Head of Payment Security at Barclaycard, examines the current statistics and provides a checklist for businesses embarking on partnerships with third parties.

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