by Ignyte Team | Oct 1, 2018 | General |
Human error is expensive. In fact, it costs U.K and U.S companies nearly $40 billion a year. To make matters worse, human error exposes you to security breaches. Hackers prey on the mistakes of others. According to research from IBM, 95 percent of all cyber security...
by Ignyte Team | Oct 1, 2018 | General |
Identify Third-party risk & critical vendor Most organizations today are conducting assessments and looking at third party rating schemes in an attempt to manage third party risk. However, assessing and looking at third party ratings without having the ability to...
by Ignyte Team | Sep 29, 2018 | General |
Defining Vendor Gap Proper vendor risk management means following up and following through the entire vendor assessment process. If you are just getting started with vendor risk management, we recommend that you start with our Vendor Risk Program blog. This...
by Ignyte Team | Sep 17, 2018 | General |
Evaluate Third & Fourth party Vendor risk management Vendor risk management can be a lot of work, especially for businesses that have a large portfolio of vendors. It requires back-and-forth communication not just with third parties, but also fourth parties as you...
by Ignyte Team | Sep 4, 2018 | General |
Enhance Vendor Risk Management In our previous article on Vendor Risk Management , we mentioned that it has become a common norm for organizations to outsource some of their business processes to external service providers to allow the business to focus more on its...
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