Security News > 2020 > April > How can you strengthen an enterprise third-party risk management program?

How can you strengthen an enterprise third-party risk management program?
2020-04-02 05:30

What are the most unexpected pitfalls for a CISO that wants to strengthen an enterprise third-party risk management program?

Before third-party risk management can become a competitive advantage, businesses need to perfect the block-and-tackle basics of third-party risk management.

Getting those processes effective and efficient allows more time for risk teams to focus on the third-party risk management activities that can drive ROI for the company, including contract management, service-level agreements and performance management.

How do you expect risk management strategies to evolve in the next decade? What's new on the horizon and how can security leaders lay down the groundwork for increased compliance and security?

In third-party risk specifically, we will see more teams incorporate external content into their third-party risk management programs to get a more wholistic view of their vendor population.


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