Manage Inherent Risk from Your Supply Chain
Your supply chain dramatically expands your organization’s attack surface, as your third-party vendors have varying levels of connectivity to your business and environment. As a result, your organization has increased exposure and fallout from financial and brand loss, business process impacts, data breaches, unauthorized access to systems, regulatory and compliance impacts, financial stability of the vendor and geopolitical risks.
Overcome Third Party Risk Management Challenges
Mitigating these third party risks is often challenging due to:
- Organization-wide Integrated or Enterprise Risk Management (ERM) is missing
- Ineffective, inefficient or immature third-party vendor management programs
- A lack of sustainable and repeatable processes
- Limited resources
- Shadow IT and siloed risk management
- Supply chain dependencies
- Informal or ineffective incident response plans
