How We Can Best Navigate Third-Party Risk in the Context of Increasing Interconnectedness
Course
Dr. Fouad Abou Chacra, Vipin Raj, Irshad Mohammed and Paul Barnes discuss lessons from the CrowdStrike outage, strategies for mitigating third-party risks in OT environments and AI's role in developing risk management tools.
On July 19, 2024, a massive technology failure occurred globally, affecting critical infrastructure companies worldwide. This resulted from a defect in a CrowdStrike update that caused widespread system failure. Nevertheless, this incident served as a warning about what could happen if a malicious actor gained access to our third-party systems.
In this session, the panelists will discuss:
- What lessons can we learn from the CrowdStrike cyber outrage?
- What strategies can we use to overcome risks introduced by critical third-party providers in OT environments?
- How can we prepare our environments for bad actors attempting to access our third parties with malicious intent?
- How can we build our business strategies to consider the context of third-party risks brought by increasing interconnectedness?
- Where can AI support the development of new tools in navigating third-party risk? Or is compliance a more important tool than innovations?
Here is the course outline:
How We Can Best Navigate Third-Party Risk in the Context of Increasing Interconnectedness |