Today’s headlines are full of horror stories about data breaches, supplier mishaps, and privacy violations caused by vendors that resulted in major financial and reputational fallout for the organization.
Are you next?
Vendors bring all manner of security and reputation-threatening issues to your doorstep. They are often the easiest way into your company. Those vendors may have sub-vendors of their own. And those vendors may have sub-vendors. The list goes on — bringing added exposure at every level.
Third parties can even pose a risk after the business engagement has concluded.
As corporate reputations become increasingly fragile to bad news, keeping your company out of danger requires advanced measures and tools. Maintaining the status quo while hoping for the best is simply not an option.