Why Third-Party Risk Should Be Manufacturing's Top Priority

The Fourth Industrial Revolution created a new digital world for manufacturers — one requiring greater connectivity, agility, and efficiency than ever before. To keep up with global demands, manufacturers transformed into smart factories. Now, critical operations no longer rely on just legacy applications and perimeter-based security but, instead, complex networks of software, workstations, and devices, in several different locations, accessed by hundreds of people.

But with modernization came unforeseen risks. As organizations work with more third parties to improve collaboration across businesses, they introduce uncertainty to their environment. And if third-party access is not properly secured or managed, uncertainty can turn into vulnerability.

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