Organizations implement vendor risk management programs as a formal way to evaluate, track and measure third-party risk; to assess its impact on all aspects of your business; and to develop compensating controls or other forms of mitigation to lessen the impact on your business if something should happen. A program of this nature gives you consistency for managing your vendors and a way to share information about them within your organization. Download Four Keys to Successful Vendor Risk Management to learn how to:
- Utilize the best methods for identifying potential vendor risks
- Develop effective strategies for addressing higher-risk vendors
- Alight vendor control environments with your internal framework
- Implement ongoing oversight utilizing metrics and external alerts
Publisher: ProcessUnity
Date: April 2016
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