Original Source: Forrester

“Vendors play a critical role in supporting key business functions. As a result, companies need to take responsibility for managing their security and risk with the partners they choose, but current methods for managing that risk are inefficient. Many firms rely on an annual or bi-annual survey from their vendors, leaving them dangerously vulnerable in between assessments, given the dynamic threat landscape.Utilizing the process and technology of continuous monitoring to detect security and risk issues across vendors and third parties allows firms to better understand their vendors’ cybersecurity posture and the overall risk posed to their business. This survey, conducted by Forrester Consulting on behalf of BitSight, included the following respondents…”

Contributors: Open Source
Categories: SIG U Resource, Whitepaper
SRC Type: Risk Management, Sourcing Management, Third Party Management