How to Select a Third-Party Risk Management Framework
For many businesses, global third-party vendors have become an important source of strategic advantage and business value. Yet outsourcing is not without its risks. As reliance on third-parties continues to grow, so does the number of headline stories of regulatory action and reputational damage that arise from third-party breaches or failure. Those driving organizations need to reconsider how they approach, identify and manage third-party risk.