Nowadays, organizations are increasingly focused on the essential and key competencies for the success of their business.
Along with the rapid growth of the Software-as-a-Service (SaaS) model, there is a greater outsourcing of certain business functions to suppliers who can perform them better, faster or cheaper.
There are more relationships with suppliers today than ever before, and that has a variety of benefits and consequences.
This outsourcing allows companies to grow faster than trying to maintain services in-house. But as the number of interactions with suppliers increases, so do the associated risks.
In this e-book, we will explore how vendor risk management (VRM) has traditionally been addressed, why traditional strategies alone are inadequate and advice for those responsible for vendor risk management on how to mitigate cyber risks effectively and efficiently.
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