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.
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