It's no news to CISOs, Chief Compliance Officers, Procurement Officers, GCs, and other key stakeholders in vendor management programs that third parties today represent one of the greatest risks to organizations, nor is it news that that the focus on vendor risk management is only increasing as regulators across a broad spectrum of industries and geographies continue to tout the importance of 1) managing risk throughout the vendor lifecycle, and 2) taking a risk-based approach to focusing due diligence efforts on those business partners who represent the most risk.
