Many enterprises rely on third-party vendors to help facilitate the delivery of products and services to their customers. However, these relationships come with risk. Data privacy must be a top priority in these relationships.
Ultimately, the enterprise is accountable for the protection of its data; therefore, enterprise vendor risk management must ensure a safe and healthy relationship with suppliers. Enterprises must also have sound governance, which includes business and technical requirements to ensure due diligence in the protection of the enterprise and its customers’ data. A robust third-party risk management program includes the integration of risk management processes into enterprise and IT business practices. This white paper provides you with best practices to help manage enterprise third-party risk.
