Third-Party Risk Management Study: Looking Beneath the Cyber Risk Surface
All organizations rely on vendors and suppliers to power their operations, but working with third parties also means incurring risk. Over the past year, we witnessed mounting scrutiny and penalties tied to regulatory and data privacy requirements; significant third-party breaches that led to customer losses and legal actions and countless supply-chain disruptions associated with the COVID-19 pandemic.
While each of these factors spotlights the importance of managing third-party risk, gaining an understanding of vendor controls and policies can be an elusive target to hit.
Download now to learn more about these challenges in light of current best practices and modern global realities.