How to Avoid Vendor Risk Pitfalls: Streamlining Reviews, Audits and Alerts

Firms increasingly rely on vendors and service providers that require trusted access to internal systems and sensitive data. At the same time, the SEC is reporting that over 63% of data breaches are linked to such third-party entities. Nearly all of these cybersecurity incidents can be avoided through a few simple vendor risk management automation and monitoring tips. Avoid the costs and common risk pitfalls while streamlining your reporting for the coming cyber regulations with a short briefing from our vendor risk specialist team, where they will show attendees how to: - Eliminate delays and manual assessment gaps - Review workflow shortcuts to save considerable time (up to 71%) - Compare vendor responses against other vendors and industry benchmarks - Track progress, archive reportable communications, and automate remediation - Plus many more tips and vendor management hacks