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9 Misconceptions About Third-Party Risk Management
In reaction to a series of high-profile data breaches that originated in third-party networks, many organizations have implemented third-party risk management (TPRM) programs.
The existence of these programs is an important defense against encroaching cyberthreats. However, many of these programs rely on tools and processes that are expensive, non-scalable and ineffective at reducing risk.
To make matters worse, some TPRM professionals are using subjective, outdated information to make decisions – and that information could be putting their organization at risk.
Read this white paper to explore 9 misconceptions about third-party risk management that are most likely to negatively affect TPRM outcomes.