Major Tech companies are all set to launch Vendor Security Alliance (VSA) - a new coalition committed to improve cyber security standards. The mission of VSA is to address cyber security risks and to establish cyber security standards that will help businesses to evaluate the security of third party vendors.This initiative is headed by Ken Baylor, Uber’s Head of Compliance. The VSA will work with top security experts and compliance officers and will release a yearly questionnaire to benchmark risk. The questionnaire aims to provide a standardized assessment that can be applied across different industries. It will enable companies to ensure that the other companies they are working with are secure. This will also save time and money that companies usually spend to evaluate the partners they work with. To read more about it, visit: http://www.infosecurity-magazine.com/news/uber-twitter-and-others-join-forces/