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Many organizations rely on third party risk management vendor audits to deliver critical services for their customers, few may be mission-critical too (for example – financial institutions, organizations providing health-care related services).
This may be either due to
Note : in all the above cases, sensitive personal data, health information, intellectual property will be involved – making it all the more critical (from the organization’s standpoint).
Let’s take a look at this blog, Why is my Personal Mobile Number being asked indiscriminately?
Organisations have to realise that any breach of any data from any touch point (either from the organisation or from the vendor) has a direct impact only on the organisation (later, on the vendor too, if involved)
Here “vendors” include (to name a few)
A thorough evaluation of the vendor from an information security perspective provides the organization to arrive at a decision and ‘’score’ the vendor so as to take a decision – whether to engage the vendor or not.
Do you want to learn more about how IARM can assist you in enhancing and scaling your vendor risk management programme? Request a consultation with one of our experts right now!
Inquire NowIARM helps you comply with PCI-DSS, GDPR, HIPAA, and other regulatory requirements by providing full end-to-end encryption, remote activity audits, and multiple authentication and authorisation choices.
IARM access to supports your business and minimises remote security threats can help you take your third-party management programme to the next level. We incorporate advanced security standards into your third-party vendor management programme and offer virtual private solutions and tools to protect your company, vendors, and business partners.
Please feel free to contact us or submit a business inquiry online, our expert will contact you soon!