What is the primary concern in third-party risk management in cybersecurity?
- Data Confidentiality
- Data Security Policies
- Regulatory Compliance
- Vendor's Financial Stability
In third-party risk management, the primary concern is often data confidentiality. Ensuring that a vendor can protect sensitive information is crucial for safeguarding against potential breaches. While regulatory compliance and financial stability are important, data security policies directly impact the confidentiality of shared information, making it a top priority in third-party risk assessment.__________________________________________________
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