How to Get a Clearer Picture of Vendor Risk
Experts Call for Continuous Assessments of Vendor Risk - Not Just at Onboarding
As vendor ecosystems grow in complexity, many organizations still view third-party risk management as a static assessment of vendors as they're onboarded. But organizations often focus too heavily on upfront vetting of vendors and fail to track how their risk profiles may change over time.
As vendor ecosystems grow in complexity, many organizations still view third-party risk management as a static assessment of vendors as they're onboarded. But organizations often focus too heavily on upfront vetting of vendors and fail to track how their risk profiles may change over time.