What you need to know when building a VRM program
The rapidly growing discipline of Vendor Risk Management is offering businesses visibility into the vendors they work with
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Vendor risk management (VRM), a risk management discipline focused on pinpointing and mitigating risks associated with vendors, offers companies visibility into the vendors they work with. It also offers information on how they should work with them and which vendors have implemented sufficient security controls.
This ebook from OneTrust explores this rapidly evolving discipline and reveals why a holistic understanding of VRM is necessary for success.
As revealed in this ebook, VRM offers solutions for companies experiencing new security, privacy, compliance and business continuity challenges related to their vendors, as their reliance on vendors – especially cloud providers – increases with the global shift toward remote working, as well as ongoing digital transformation initiatives.
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Download this guide to find out:
- What the difference is between a vendor, third-party, supplier and service provider
- Why vendor risk management is important and how companies can manage vendor risk
- How to implement a vendor risk management program and what the benefits of vendor risk management software are
