{"id":17585,"date":"2021-03-26T11:26:36","date_gmt":"2021-03-26T15:26:36","guid":{"rendered":"https:\/\/airportscouncil.org\/?p=17585"},"modified":"2021-03-26T11:27:11","modified_gmt":"2021-03-26T15:27:11","slug":"best-practices-can-help-airports-mitigate-growing-vendor-and-third-party-cybersecurity-risk","status":"publish","type":"post","link":"https:\/\/airportscouncil.org\/2021\/03\/26\/best-practices-can-help-airports-mitigate-growing-vendor-and-third-party-cybersecurity-risk\/","title":{"rendered":"Best Practices Can Help Airports Mitigate Growing Vendor and Third-Party Cybersecurity Risk"},"content":{"rendered":"<p><em><br \/>\nBy Michael Corcione, Partner, HKA Global, Inc.<\/em><\/p>\n<p>In recent years, cyber-attackers have preyed upon the weaknesses of vendors and third parties to access computer systems at hospitals, banks, financial services firms, retailers, utilities, transportation systems, and other critical infrastructure.<\/p>\n<p>Airports are similarly vulnerable.\u00a0 Outside vendors or third parties provide services or support for nearly every part of airports\u2019 ecosystems, including air traffic systems, passenger ticketing, baggage handling, transport systems, parking management, communications, security, concessions, and payment systems.<\/p>\n<p>While airports\u2019 security controls may be well hardened, those of their vendors may be more easily breached. Mitigating this growing area of risk requires a thoughtful mix of careful planning, objective monitoring, and diligent management.<\/p>\n<p>Vendor and third-party risk management must start with a solid policy that identifies how an airport will assess, manage, monitor, remediate and, in some cases, accept risks.<\/p>\n<p>Since all vendors and third parties aren\u2019t equal in terms of security protocols, the airport\u2019s risk management policy must outline how it will risk-rate its vendors. This risk-rating has many components, with the heaviest weighting in two categories:\u00a0 1) What is the vendor or third party\u2019s level of access to the airport\u2019s most sensitive data, key systems, and business processes?\u00a0 The more access, the higher the risk. 2) What is the vendor\u2019s maturity level?\u00a0 Maturity is a reflection of several characteristics, including the length of time a vendor has been in business, its size, and the history of the product or service it offers. Generally, the more mature a company is in these categories, the more secure it is likely to be.<\/p>\n<p>Risk assessments also should answer other questions:\u00a0 Has the vendor or third-party kept up on its security investments? Does it train its own employees in risk management? What are its plans for cyber-incident response and recovery? How does it manage its own vendor and third-party risk? (Which, essentially, becomes a \u201cfourth-party\u201d risk for the airport.)<\/p>\n<p>It may be prudent to request a copy of the vendor\u2019s cyber- and information-security procedures.\u00a0 Also, scrutinize the vendor\u2019s financial posture, reputation, and compliance with laws and regulations. On-site visits also may be a good idea, especially if the company is providing data-hosting services.<\/p>\n<p>Potential vendors should demonstrate that their cybersecurity program meets industry standards and, ideally, are certified by a reputable external auditor.<\/p>\n<p>Airports should implement their own control systems for vendor and third-party risk-rating, due-diligence, on-boarding, continuous monitoring, and off-boarding. There are several risk management software programs on the market. In most cases, one solution alone may not be enough, and airports should select tools based on their immediate and long-term needs and budgets.<\/p>\n<p>Industry organizations can help. The International Air Transport Association (IATA) provides guidance and latest updates on cybersecurity standards and regulations. Its January 2021 report includes crucial developments and links to knowledge centers of leading industry watchdogs:\u00a0 <a href=\"https:\/\/www.iata.org\/contentassets\/4c51b00fb25e4b60b38376a4935e278b\/compilation_of_cyber_regulations_standards_and_guidance_1.1.pdf\">Compilation of Cyber Security Regulations, Standards, Guidance for Civil Aviation<\/a>.<\/p>\n<p>Training can be invaluable in on-boarding new vendors and managing overall vendor risk and should be updated as new technologies\u2014and new risks\u2014emerge.<\/p>\n<p>Finally, it\u2019s important to remember that cyber-attackers aren\u2019t going away. To effectively manage and minimize risk, airports must establish, maintain and continually improve a comprehensive cybersecurity program that manages risk at all levels and at all touch points. \u00a0While the task is not easy, it is achievable. Given the nature of an airport\u2019s operations, its place in the community and local economy, and the number of people who pass through it every day, failure cannot be an option.<\/p>\n<p><em>The information provided in this article is intended for general educational purposes only\u2014it does not constitute legal, accounting, or other professional advice, and it should not be relied upon as the basis for your business decisions.<\/em><\/p>\n<p>For HKA\u2019s white paper and expanded thought leadership on how Best Practices Can Help Airports Mitigate Growing Vendor and Third-Party Cybersecurity Risk, please <a href=\"https:\/\/www.hka.com\/best-practices-can-help-airports-mitigate-growing-vendor-and-third-party-cybersecurity-risk\/\">click here<\/a>.<\/p>\n<p># # #<\/p>\n<p><em>Michael Corcione is a Partner at HKA, which provides multi-disciplinary risk mitigation and dispute resolution services to clients worldwide. Mr. Corcione has more than 30 years of experience in advising companies and boards of directors on technology, cybersecurity and privacy and risk management strategies. Over the past decade, he has led the delivery of Virtual Chief Information Security Officer (vCISO) services for advisory firms, which provide a CISO, along with cyber, privacy, and information security subject-matter experts, to organizations of all sizes and verticals. He is a member of the cybersecurity advisory board at Pace University, and a member of the Board of Trustees of the American Management Association International.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Michael Corcione, Partner, HKA Global, Inc. In recent years, cyber-attackers have preyed upon the weaknesses of vendors and third parties to access computer systems at hospitals, banks, financial services [&hellip;]<\/p>\n","protected":false},"author":5364,"featured_media":17586,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25],"tags":[200],"class_list":["post-17585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-information-technology","tag-cybersecurity"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Best Practices Can Help Airports Mitigate Growing Vendor and Third-Party Cybersecurity Risk - Airports Council International - North America<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/airportscouncil.org\/2021\/03\/26\/best-practices-can-help-airports-mitigate-growing-vendor-and-third-party-cybersecurity-risk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Best Practices Can Help Airports Mitigate Growing Vendor and Third-Party Cybersecurity Risk - Airports Council International - North America\" \/>\n<meta property=\"og:description\" content=\"By Michael Corcione, Partner, HKA Global, Inc. 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