Third-party risk is broken, businesses unprepared for supply chain disruptions

Many companies are not dedicating proper resources to assess third-party risks, and those that are still lack confidence in their programs, according to Prevalent. Supply chain disruptions As a result, there are real consequences including loss of revenue, loss of productivity, and loss of reputation – all of which can jeopardize resiliency and are amplified given today’s supply chain concerns related to COVID-19. “Organizations are starting to ask the question about what happens to them … More

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