Vendor Risk Management Principles: A Strategic Guide For Security Managers
In today’s interconnected business environment, organizations rely heavily on third parties, and while third party relations are critical for success in most businesses, they also leave data more vulnerable to exposure from bad actors. This makes vendor risk management (VRM) a critical component of any company's overall risk management strategies. Effective VRM practices help protect sensitive data and maintain robust security postures, minimizing the potential risks introduced by vendors.