From Risk to Business Advantage
“The better your firm is at managing third-party risk,
the more attractive you become as a third party yourself”
Cybersecurity risk has propelled vendor risk management up the priority list for the board. While the statement is true, concern over cybersecurity risk has actually had a much broader effect. It has driven vendor risk management up the priority list for everyone: regulators, investors, customers, CEOs, operations executives, and, yes, the board of directors.
Compliance officers might wish that cybersecurity were still the domain of the IT security team – and once upon a time, it was. Those days are gone. Internet technology has forever transformed how employees work everyday and what vendors do for your company via the supply chain.
This paper will explore:
