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Evaluating & Managing Service Provider Security Risks | UpGuard

ID: d1fdbf48-b981-5baf-b4d2-05212b2aa860

STIX ID: report--d1fdbf48-b981-5baf-b4d2-05212b2aa860

Feed Name: UpGuard Blog

Date Published: 2024-01-22

Date Updated: 2026-05-01

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### Executive Summary: This article describes the primary cybersecurity risks posed by service providers—sensitive data access, inadequate security controls, lack of transparency, and poor communication—and recommends managing those risks through proper due diligence, limiting full outsourcing of security functions, and implementing a Vendor Risk Management program; it concludes by promoting UpGuard's Third-Party Risk Management offering.

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