In the dynamic business landscape where third-party relationships assume a critical role, organizations confront various risks that can profoundly affect their security and compliance requirements, according to Panorays. Even amidst tough economic times, the crucial nature of these risks necessitates proactive management. This report unveils statistics and trends that shed light on the pressing challenges and emerging strategies in third-party risk management. The risks lurking in third-party relationships With 58% of companies managing over 100 … More
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