Of more than 145 legal and compliance leaders surveyed, 52% cited cybersecurity and data breach as the most-increased third-party risk their organisations faced. The respondents were global with the largest proportion based in the US or Europe Middle East and Asia (EMEA).
‘Remote working has been hastily adopted by suppliers to keep their business running, so it’s unlikely every organisation or employee is following best practices,’ said Vidhya Balasubramanian, managing vice president in the Gartner Legal and Compliance practice.
‘Legal and compliance leaders are concerned about the new risks this highly disruptive environment has created for their organizations.’
The rest of the respondents said their most-increased third-party risk was bribery & corruption (10%), privacy (10%), fraud (10%) and ethical conduct (10%).
The full research, ‘Leading through COVID-19: What we are hearing from legal and compliance leaders’ is available from Gartner.
