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.
Building a Foundation for Strong Third-Party Risk Management
Discover how to build an effective third-party risk management program with vendor tiering, regular assessments, continuous monitoring, and modern automation tools.