Transforming Third Party Risk Management
Digital transformation has changed the way companies do business, strengthening the competitive landscape for most markets and making "first to market" a critical factor in success. As SaaS providers and technology vendors compete for technology dollars, the companies they serve are amassing large portfolios of service providers and interconnected software to help scale business and gain competitive advantage. The trade-off to taking advantage of digital transformation is often security. Traditional approaches to assess a supplier’s ability to securely manage sensitive data and processes are not always consistent with the speed of business. With more than 50% of criminal cyberattacks originating from the supply chain, how does an organization move faster and still ensure an appropriate level of cybersecurity? The answer: disruption. Attendees will learn how other industry disruptions parallel changes in third-party risk management and how to apply these learnings immediately in their own programs.