Bitsight #2: Best Practices to Grow Your Third-Party Risk Management Program

So you’ve established the foundation of your third-party risk management (TPRM) program...now what? For many organizations, growing their TPRM program to scale at the speed of their business can be extremely challenging. This challenge is exacerbated because, in many cases, third-party ecosystem growth occurs with little coordination or oversight. Furthermore, once they establish third-party relationships, companies may not implement centralized processes to continuously monitor and evaluate those relationships, including the cyber risks they may pose. In the second installment of this webinar series, we discuss tips on how to “go beyond” the foundation of third-party risk assessments and drill down further into your vendors’ security posture, best practices for TPRM process improvement, reporting, and dashboard use and how to leverage continuous monitoring to scale your TPRM program at the speed and growth of your business.