Most organizations focus on securing routers, servers, firewalls, and other endpoints, but threats can also arise from unfamiliar sources such as third-party networks, which can be used by hackers to attack an organization. Through a strong TPRM framework, companies gain insights into the risk profiles of their partners, thus safeguarding operations. An effective third-party risk management framework ensures that an organization is not derailed by vendor risks and vulnerabilities. It protects assets, ensures compliance with … More
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