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Security rating services hold the potential to significantly alter the methods that organizations use to assess and monitor their data breach exposure. In addition to self-assessment, these methods are increasingly being used to monitor the security risks posed by third-party organizations throughout the supply chain. In fact, Article 32 of the General Data Protection Regulation (GDPR) now requires a process for regularly testing, assessing and evaluating measures for ensuring the security of data processing. As companies continue to absorb GDPR and other rapidly evolving compliance regimes, continuous management of cyber risk — internal and third party — is becoming an increasingly important topic.
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