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Daily Dashboard | Companies see shift in third-party risk assessments Related reading: US NTIA releases AI Accountability Policy Report

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An article for CyberScoop examines the way in which companies have traditionally employed questionnaires to benchmark their cyber readiness and reports on the growing shift toward a “shared assessment” questionnaire methodology. BitSight Vice President Jacob Olcott said, “One of the most critical business dynamics that’s taken place over the past five years is businesses holding each other accountable for cybersecurity,” but explained how traditionally, the questionnaires used to establish that have been difficult to complete and are subjective in nature. The shift toward shared reporting is intended to streamline the process for third-party vendors that are asked to report on their data protection strategies for multiple companies.
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