For individuals managing third-party risk, there is one primary question that needs answering: Are your vendors safe to do business with?
Answering that question is not so straightforward.
Third-party risk comes loaded with complexities and compromises. However, there are “red flags” you can look for when evaluating the security, privacy, and compliance programs of your vendors.
- How to spot “red flags” from risky vendors
- What leading third-party risk professionals look for when evaluating vendors
- How to evaluate vendors using assessment communities and shared due diligence data