New Vendor Risk Management Benchmark Study also finds that while board members’ engagement with cybersecurity risks has improved significantly in light of cyberattacks, their level of third-party engagement still lags
Global consulting firm Protiviti and the Shared Assessments Program’s annual Vendor Risk Management Benchmark Study, released today, finds that a majority (53 percent) of organizations surveyed are likely to exit or change (de-risk) relationships with some vendors due to heightened risk levels. The reason cited most often was fourth-party risk issues and an inability to resolve them. ... |