Source: www.upguard.com
Why You Should Tier Your Vendors | UpGuardCategory: Software, Security, Data, automation
Learn about new features, changes, and improvements to UpGuard: Security teams are struggling to contend with the expanding third-party attack surface which is fueled by the pernicious cycle of poor vendor risk management. The call for more efficient cybersecurity management is also critical for the future of Vendor Risk Management (VRM).
The future of Third-Party Risk Management (TPRM) rests on a reformation of modern vendor risk management programs in favor of a more efficient risk management workflow.
Vendor tiering is the practice of splitting vendors into groups representing different levels of security risk.
Because Vendor Tiering allows each level of risk to be managed with greater focus, security responses can be tracked with higher accuracy.
The future of Third-Party Risk Management (TPRM) rests on a reformation of modern vendor risk management programs in favor of a more efficient risk management workflow.
Vendor tiering is the practice of splitting vendors into groups representing different levels of security risk.
Because Vendor Tiering allows each level of risk to be managed with greater focus, security responses can be tracked with higher accuracy.
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