In today’s business landscape, it’s critical to manage the risk that your vendors, or third parties, can pose to your business — and it’s not always the easiest task. It requires that organizations not only have the ability to continuously monitor and identify new risk, but also the ability to work with their vendors to fix security issues quickly. Getting to risk reduction rapidly means that both organizations are communicating effectively, using data and evidence rather than conjecture to make progress.
Article Link: https://www.bitsighttech.com/blog/using-bitsight-security-ratings-to-foster-close-vendor-relationships