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Third-Party Risk Management for Financial Services

Third-Party Risk Management for Financial Services

Sitecore
Published by: Research Desk Released: Jan 15, 2019

While your current Vendor Risk Management (VRM) program may
have areas of strength, there is most certainly room for improvement.
Vendor Risk Management programs are a significant driver
of both internal and external advisor time, extremely costly, and
limited in scale. How can you harness more actionable insight
to scale your program and truly and continuously understand
the cybersecurity of your third parties? Using BitSight Security
Ratings, you can see a positive impact on your VRM program by
getting more value out of what you are already doing, There are three major areas where BitSight can immediately
improve the effectiveness and scale of your existing VRM
programs.