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This blog takes a closer look at why third-party cyber risk tools often miss critical vendor issues and what a more effective approach looks like.
Kelly White, CEO of RiskRecon, along with guest speaker Paul McKay, Senior Analyst at Forrester Research, examine the parallels of enterprise and third-party risk management, discussing a new approach to third-party risk management called Third-Party SecOps, that leverages existing enterprise security frameworks to allow organizations to make data driven, third-party risk decisions.
You rely on your third- and fourth-party vendors to do business, but those vendors also pose risk to your enterprise’s sensitive data. RiskRecon gives you accurate, non-invasive visibility into your vendors’ security postures and then ranks vulnerabilities in order of priority so you know which issues to tackle first.
With our third-party cyber risk assessments, you’ll also be provided with custom-fitted risk action plans so you can immediately start engaging with your vendor for remediation. And if a vendor’s cyber risk degrades or an element falls out of policy, you’ll be notified instantly.