Third-party data breaches have become a major security concern
Posted by:
Olivia Smith
A recent report by SecurityScorecard has revealed that a high number of European Union companies have faced third-party data breaches in 2024. The study focused on Europe’s top 100 companies and assessed various cybersecurity factors, finding that nearly all European firms experienced breaches through their partners. The research highlighted that prioritizing third-party risk management is crucial for businesses, with Scandinavian countries showing better security measures compared to French companies. The report also emphasized the upcoming DORA legislation aimed at enhancing cybersecurity and operational resilience for financial institutions in the EU, set to take full effect on January 17, 2025.
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