2 years ago

Category: Business, Security, Data, Infrastructure

Learn about new features, changes, and improvements to UpGuard: Vendor tiering is the key to a more resilient and sustainable third-party risk management strategy. To learn how to optimize your Vendor Risk Management program to greater efficiency through best vendor tiering practices, read on. Before addressing its infrastructure, it's important to recap the primary components of vendor tiering.

Once collected, a risk analysis is performed to evaluate each specific third-party risk and its likelihood of exploitation, with the assistance of a risk matrix.

When used harmoniously, vendor tiering and remediation planning prepares security programs to sustain increasing demands on third-party security.