Getting Started with Vendor Risk Management

With increased outsourcing of core business activities, vendors are now critical to the success of any firm. However, without a means of identifying third-party security risks, your risk of a data breach increases with each onboarded vendor.

Manual methods for tracking third-party security risks, such as spreadsheets, are time-consuming and are difficult to scale as your vendor inventory grows over time.

To solve this problem, businesses must implement a scalable Vendor Risk Management (VRM) program for conducting due diligence and managing risks throughout the vendor lifecycle.

Watch our webinar with UpGuard security expert Saumya Mehta for a deep dive into Vendor Risk Management and how to effectively manage the security risks posed by your vendors.

Watch to learn about:

• Why Vendor Risk Management is important
• Classifying vendors and assessing their risks
• The challenges of implementing Vendor Risk Management
• Leveling up your security posture with a Vendor Risk Management program