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Creating Efficiencies In Vendor Risk Management: Exploring The Evolution Of Vrm

Creating Efficiencies In Vendor Risk Management: Exploring The Evolution Of Vrm

BitSight
Published by: Research Desk Released: Nov 14, 2018

Today, organizations are focused heavily on core competencies and keys to success. Thiscoupled with the rapid growth of software as a service (SaaS)has led to increased outsourcing of certain business functions to vendors who can perform these functions better, faster, or cheaper. Therefore, there are more third-party relationships today than ever beforeand this comes with a variety of benefits and consequencesIn this ebook, we’ll explore how vendor risk management (VRM) has traditionally been handled, why traditional strategies alone are inadequate, and advice for vendor risk managers on how to effectively and efficiently mitigate cyber risk.