Risk Management

Creating Efficiencies In Vendor Risk Management

Provided by BitSight Technologies

Category Risk Management

Type E-Book

Length 10

Publish Date January 25 2017

Date posted January 31 2017

Overview

Today, organizations are focused heavily on core competencies and keys to success. This - coupled with the rapid growth of software as a service (SaaS) - has led to increased outsourcing of certain business functions to vendors who can perform these functions better, faster, or cheaper. Therefore, there are more third-party relationships today than ever before - and this comes with a variety of benefits and consequences.

In this ebook, we'll explore how vendor risk management (VRM) has traditionally been handled, why traditional strategies alone are inadequate, and advice for vendor risk managers on how to effectively and efficiently mitigate cyber risk.

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