It’s no secret that while it is critical for an organization to have a strong cybersecurity posture, it’s just as important for their third parties to have a strong security posture as well. While this fact is becoming increasingly more acknowledged in the business world (as many companies suffer data breaches at the hands of their suppliers), there are still several misconceptions about third-party risk management (TPRM) programs and what they entail. Among the many initiatives that make up a modern enterprise cybersecurity program, TPRM might be the most misunderstood.
Article Link: https://www.bitsighttech.com/blog/things-you-should-know-about-third-party-risk-management