Data breaches and cybersecurity risks are impacting companies at an alarming rate, with the supply chain at the center of many targeted attacks.
In the face of growing threats, regulators are taking notice. An increase in third-party regulations, along with the accompanying scrutiny from auditors, has obligated organizations to develop effective third-party risk management programs to meet regulatory compliance and deepen IT security controls.
This white paper reviews the key third-party risk management requirements in common regulatory and security frameworks, while mapping Prevalent Third-Party Risk Management capabilities to specific mandates. This is essential reading for anyone responsible for managing supply-chain compliance initiatives.