Cybersecurity & Privacy

Essentials of an Effective Third-Party Risk Management Framework: A Practical Guide

2022-09-21T01:17:32-04:00

Establishing effective third-party vendors has been at the forefront of business development strategies today. With the current remote workforce setup, the importance of having efficient vendors to streamline complex business processes has been underscored, and more companies started depending on several third-party software to help with their operations. This growing reliance on vendors and other service providers, however, has opened newer risks of breaches and has intensified the call for organizations to employ a third-party management framework that is not only effective, but is also holistic.

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