For the purposes of this report, third party risk management is an umbrella term that refers to all activities related to your third parties, including risk ranking, screening, data collection, documentation, and ongoing monitoring.
This report analyses the findings of a recent survey that polled senior professionals from a wide range of industries about their approach to third party risk management and due diligence.
The report provides insights and analysis of questions such as:
• How are organizations using outside providers to help with third party due diligence?
• Does continuous, automated due diligence improve effectiveness, and reduce exposure to third party risk?
• Who owns third party risk management and due diligence activities?