Educate staff about vendor risk management and compliance, fostering a culture of accountability around third-party oversight. Using Technology To Enhance The Third-Party Oversight Process ...

Incidents can still occur no matter how robust your vendor management process is. As such, it’s crucial to have a vendor incident response plan outlining the steps your company will take if a ...

Third-party risk management companies ProcessUnity Inc. and CyberGRX Inc. announced today they will merge to create a comprehensive software and data platform designed to enhance identifying, assessi ...

Vendor onboarding is the process of establishing a company as an approved provider of technology, goods, or services to your organization. It’s also an essential early step in the vendor risk ...

For cybersecurity professionals, the days of relying on traditional vendor risk management are over. A broader, more proactive approach to securing the supply chain is required — one that goes ...

The success that has been realized as a result of our vendor risk management program is essentially the minimization of vendor-transferred risk and liability to the organization. This comes from the ...

These initial risk questions should align with a scoring system that indicates whether the vendor carries meaningful risk that requires more than a cursory review. Software can provide an intelligent ...

The vendor risk assessment process 1. Take inventory. The first step is to take inventory of all of the vendors to make sure each and every one is accounted for.

2. Security Measures. Attorneys should evaluate the overall health of the vendor's security programs and procedures. This process can include determining whether the vendor backs up its data ...

Launching a startup is risky, and things only get riskier when outsourcing services. Most leaders will require some vendor risk management, or VRM, to give them the confidence to succeed ...

If you’re just beginning to implement a vendor risk management (VRM) program, BitSight Technologies has identified 10 frequently asked questions to help you get started. Implementing a VRM Program ...

Best Practices Vendor Risk Management for Law Firms: 7 Steps to Success Most firms have extensive cybersecurity measures in place, but emerging or unclear regulatory requirements embroil them in a ...