Speed, Scale, and Collaboration: The 3 Keys to Effective Vendor Risk Management

Screen Shot 2018 01 26 at 11.02.46 PM - Speed, Scale, and Collaboration: The 3 Keys to Effective Vendor Risk Management

463564 BitSight Logo CMYK 300x57 - Speed, Scale, and Collaboration: The 3 Keys to Effective Vendor Risk ManagementSuccessful companies thrive within an ecosystem of complementary vendors of products and services. Lax cybersecurity practices on the part of one vendor, however, could endanger all companies within an ecosystem. That risk is made more acute by the current threat landscape, in which threats have never been more numerous, more varied, or more ingenious.

Screen Shot 2018 01 26 at 11.02.46 PM - Speed, Scale, and Collaboration: The 3 Keys to Effective Vendor Risk ManagementKnowing the degree of cybersecurity readiness of a given vendor is hard for one company, and corporate claims of good practices aren't sufficient. Nonetheless, it is critical for a company to be aware of the actual cybersecurity capabilities of each partner and to collaborate wherever possible to improve them.

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