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How to Create a Scalable & Sustainable Vendor Risk Management Program

With new threats emerging daily and companies increasingly outsourcing, Vendor Risk Management (VRM) is critical to protecting a company’s most important assets. In fact, Gartner estimates that by 2020, 75% of Fortune Global 500 companies will treat vendor risk management as a Board-level initiative to mitigate brand and reputation risk.

To proactively mitigate risk, organizations need to create a lasting VRM program that can scale with the growth of their business and sustain the changing risk landscape.

Join Jake Olcott, BitSight’s VP of Strategic Partnerships, as he discusses how to create a VRM program that:

  • Allows you to make effective security risk decisions quickly. Significantly increases vendor coverage through automated, continuous monitoring of cybersecurity risks.
  • Enables collaboration with third parties through consistent, data-driven security and risk communications.
  • Ultimately reduces your exposure to data breach by identifying and prioritizing vendors of highest risk.

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