Minutes, Not Weeks: Reduce the Time It Takes to Assess Your Vendor Security Risk
When an organization brings on new tools, software, and vendors, the list of questions that need to be answered before a vendor is cleared is often long. And with organizations relying on third-party vendors more than ever before, GRC professionals experience a serious crunch when having to complete more and more risk assessments.
These factors extend the time to evaluate a vendor’s risk profile to days and weeks — when the rest of an organization is expecting it to take minutes. However, with the right technology and practices in place, procurement can transition from business blocker to business enabler.
Watch this on-demand session to hear Vice President of Product, Jamie Zajac, provide an overview on how to efficiently assess vendor security risk in minutes.
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In this session, we explored how to:
Asses key risks without any input from your vendors
Tailor risk assessments based on vendor criticality
Turn technical information into risk reduction
Understand historical vendor risk
Conduct industry benchmarking to understand how your vendors’ peers stack up