Checklist for Mitigating Third-Party Risks

No matter the industry, organizations have increasingly become dependent on third-party vendors to meet the specific needs of their business operations….

No matter the industry, organizations have increasingly become dependent on third-party vendors to meet the specific needs of their business operations. Third parties provide the expertise that you may not easily or cost-effectively be able to cultivate in your own organization. They take the burden of hiring new staff, or training your old staff on new technologies, off of you. Third parties may help you by providing an interface for financial transactions with your customers, payroll services for your employees, new hardware to store your data assets, new applications to keep your data secure, and several other products or services…

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