| Characteristic | Share of respondents |
|---|---|
| Audited or verified the security posture and compliance of third parties or suppliers | 51% |
| Refined our criteria for onboarding and ongoing assessments of third parties | 43% |
| Provided knowledge-sharing or assistance to third parties to shore up their cybersecurity postures | 41% |
| Addressed challenges, cost-related or time-related, that affect your ability to be cyber resilient | 41% |
| Performed more rigorous due diligence | 39% |
| Rewritten contracts with certain third parties to mitigate our risks | 34% |
| Exited relationships with certain third parties | 27% |
| None of the above | 8% |
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Source
Source
Release date
November 2021
More information
Region
Canada
Survey time period
October 2021
Number of respondents
114 respondents
Supplementary notes
The original question was formed as follows: "Has your organization done any of the following actions in the past 12 months to minimize third-party or supplier risks in your ecosystem? Check all that apply."
The source adds the following information:
"The three lasting actions are refining criteria for third-party assessments, rewriting contracts and performing more rigorous due diligence.
Respondents operate in a range of industries: tech, media and telecom; industrial manufacturing; financial services; retail and consumer markets; energy, utilities and resources; health; and government and public services."
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