WEBVTT 1 00:00:08.670 --> 00:00:11.980 Supplier or supply chain ecosystem is really important. 2 00:00:11.980 --> 00:00:14.940 line:15% Today, because of efficiency, and because companies 3 00:00:14.940 --> 00:00:17.350 line:15% are smart, they have all kinds of relationships 4 00:00:17.350 --> 00:00:18.250 with third parties. 5 00:00:18.250 --> 00:00:23.250 It's suppliers, it's vendors, it's products, providers, 6 00:00:23.250 --> 00:00:26.850 there's all kinds of things in this mix, 7 00:00:26.850 --> 00:00:29.380 and the ecosystem comes into the company. 8 00:00:29.380 --> 00:00:32.460 The company will give access to its intellectual property, 9 00:00:32.460 --> 00:00:34.790 to customer data, outsource processing 10 00:00:34.790 --> 00:00:39.160 of customer data, other data, systems, etc., 11 00:00:39.160 --> 00:00:42.350 and so it creates risks to the company. 12 00:00:42.350 --> 00:00:45.110 It also creates risks to its third parties, 13 00:00:45.110 --> 00:00:48.970 and so it is a shared responsibility of the ecosystem, 14 00:00:48.970 --> 00:00:52.420 with a company managing its own ecosystem 15 00:00:52.420 --> 00:00:53.890 of I'm gonna call them suppliers, 16 00:00:53.890 --> 00:00:55.490 because it's easier for me, 17 00:00:55.490 --> 00:00:58.060 managing the ecosystem of suppliers to determine 18 00:00:58.060 --> 00:01:00.540 how they should be mutually protecting each other 19 00:01:00.540 --> 00:01:03.653 from existing and emerging cybersecurity risks.