Opet notes that the SaaS model is usually the default option for whatever software a company might need, and often is the only option available. That means a global concentration of risk such that numerous third-party security breaches could cascade.”
Security assessments for third party vendors can be a long and tedious process, take time and resources, lengthen the sales cycle and complicate business growth. There are now solutions available that put the power in vendors’ hands.
Saudi Aramco data breach leaking 1 TB of proprietary company information and full employee profiles came about due to a third party security lapse at an unnamed contractor.



