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What are the risks for charities with working with third-party service providers?

You may have seen the BBC article a couple of months ago about a cyber-attack on an IT company that serviced several charities holding sensitive personal information.

One of the common misconceptions about cyber security is that outsourcing IT removes the cyber risk. Whilst it may provide multiple advantages for your organisation, it is vital to carry out due diligence still and be aware of the risk of indirect cyber attacks where criminals breach a supplier’s network and gain access to your organisation’s data. Indirect cyber-attacks of this nature have risen from 44% to 61% over the past few years, according to a Global Cyber Security Outlook 2022 report.

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