Third Party Risk Management
Navigating the challenges of your extended enterprise
- Lack of accurate third-party vendors’ information about online system and processes
- Frustration with generic approach and growing demand on their time to respond while mitigating key risk areas
- Speed to risk TP assessment process
- Cost of onsite assessment and follow-ups
- Unclear responsibilities within the organization
- Lack of automation and continuous monitoring
- Inability of existing assessments to accurately quantify cyber risk levels