While your current Vendor Risk Management (VRM) program may have areas of strength, there is most certainly room for improvement. Vendor Risk Management programs are a significant driver of both internal and external advisor time, extremely costly, and limited in scale. How can you harness more actionable insight to scale your program and truly and continuously understand the cybersecurity of your third parties? Using BitSight Security Ratings, you can see a positive impact on your VRM program by getting more value out of what you are already doing.
Article Link: https://www.bitsighttech.com/blog/how-bitsight-helps-scale-current-assessment-approach-to-vendor-risk-management