Employing Due Diligence Program to Assess Thirdparty Risk
Jul12
As more companies outsource their core functions to third-party vendors, determining third-party risk has never been essential. Data breaches can cost companies millions of dollars, and third-party risks don’t often get the attention they deserve. Fortunately, due diligence program can help with the process. Due diligence alternatives include tools for creating online data bedrooms, storing company documents safely, adding individuals who can enjoy or E-Sign, communicating with the parties, and providing stats to aid in
