The recent data breach of Deloitte, a prominent audit, consulting firm and provider of cybersecurity services, serves as a stark reminder that no organisation is immune to cyberattacks. The incident, reportedly caused by an exposed server with default login credentials, highlights a crucial point: when choosing any vendor, thorough evaluation of their security practices is essential. Deloitte’s security breach also comes less than a year after the widespread MOVEit vulnerability that impacted numerous organisations, including Deloitte, PWC and EY.
While Deloitte advises clients on cybersecurity best practices, their own alleged vulnerability raises concerns about the consistency of their security posture.
Why Vendor Security Should Be a Top Priority
In today’s interconnected business landscape, organisations rely heavily on various vendors for essential products and services. However, each vendor relationship introduces potential security risks. A vendor with weak security practices can become an entry point for attackers, jeopardising your organisation’s systems and data. This is especially critical when engaging vendors who:
- Handle sensitive data: This includes customer information, financial records, intellectual property, and other confidential data.
- Have access to critical infrastructure: Vendors with access to your network, systems, or physical facilities pose a greater risk if their security is compromised.
Contact Vertex Cyber Security today for assistance with your vendor assessments!
For further reading on the Deloitte security breach click here.