Are the old VRM software solutions fully up to the challenge of reducing vendor risks and associated costs? Increasingly, the answer may be no. A growing number of companies are starting to exhaust the benefits of VRM 1.0. The pressure to deliver verifiable results is causing a shift from VRM 1.0 to more capable VRM 2.0 solutions. Learn how VRM 2.0 represents an evolution from automation to verifiable risk reduction in this article written by Mike Kelly, CEO of ProcessBolt, and Gaurav Gaur, CTO and Co-founder of ProcessBolt, and featured in US Cybersecurity Magazine.
Addressing Fourth-Party Risk as an Enterprise and a Vendor
In today's interconnected world, organizations rely on a complex network of third parties to deliver their products and services. However, these third parties also have their own third-parties,...