A benchmark report reveals some stark differences in governance practices between companies who were able to avoid a third-party data breach in the past year (or ever) versus those who failed to prevent such a breach.

At a time when massive data breaches continue to make headlines, the findings from “Data Risk in the Third-Party Ecosystem” provide some powerful insight into how leading companies are detecting, mitigating, and minimizing data risk associated with third parties and their third parties (so-called Nth parties). The results were based on a survey of more than 1,000 IT and IT-security practitioners in the United States and the United Kingdom who are directly involved in their organizations’ approach to managing data risks.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...