Read the original article: The current state of third-party risk management
Third-party risk management (TPRM) professionals increasingly do not trust that security questionnaires provide sufficient information to properly understand and act on their third-party risk, according to RiskRecon and Cyentia Institute. As a result, the study found more enterprises are moving towards data-driven third-party risk management programs. Many firms use questionnaires to assess vendor security risk The research, based on a survey of 154 active TPRM professionals, found that 79% of firms have a TPRM program, … More
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Read the original article: The current state of third-party risk management