If you’ve been reading the headlines, you already know that third-party cyber risk is one of the most potent and fast-evolving risks your organization faces. What is the status of your third-party cyber risk management (TPCRM) program? Common in the financial services industry, these are just now making their way into companies in other sectors. Does your firm have such a program? If so, is it working to limit your cyber risk, or is it falling short of the task of keeping you ahead of malicious actors? What are the “must have” features for modern third-party cyber risk management?
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