New NIST Framework for Ransomware: What It Means for Third-Party Risk

Resource Third-Party Risk

Recent attacks have made ransomware risk a top-of-mind topic for businesses and their suppliers. In response, the U.S. government took a notable step in cybersecurity policy earlier this year with President Biden’s Executive Order to improve the state of national cybersecurity.  


Now, the Information Technology Laboratory (ITL) at the National Institute of Standards and Technology (NIST) has issued a revised draft framework that identifies security objectives to support a risk-based approach to ransomware. 


So, what does this mean to your third-party risk management program? In this webinar, we’ll explore the new Ransomware Profile and discuss what actions you can take to identify vulnerable third parties and reduce the potential and impact of a ransomware attack.  

Attend to learn:  

  • The five key Cybersecurity Framework Functions in the new report 
  • The emphasis on process planning and stakeholder identification 
  • Communication, remediation, and continuity considerations to address with your third parties 
  • Best practices on navigating ransomware risks and managing third parties 

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