Addressing Temp Worker Cyber Breach Risk At Financial Cos.

Law360 (April 17, 2020, 6:34 PM EDT) -- In the modern economy, virtually every financial institution and many other organizations rely on contingent workers employed by outside vendors to assist with critical operations — for example, the building and maintenance of software to handle the movement of funds.

But the nature of the work performed by these temporary workers — who often have access to a firm's systems and confidential information — creates unique security risks that warrant scrutiny before they lead to significant consequences, such as data breaches.

Below we have identified some of those risks, along with some of the steps organizations can take to proactively address...

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