We sat down with Sean Cronin, CEO of ProcessUnity, to explore the challenges related to enterprise third-party risk today and in the future.
What are the most unexpected pitfalls for a CISO that wants to strengthen an enterprise third-party risk management program?
Ultimately, you need to understand where your program is today and build a plan to mature it. There are a lot of moving parts in a third-party risk management program. Most companies today are struggling with the work associated with the early phases of a program – the vendor onboarding process, the pre-contract due diligence and then the ongoing monitoring that must occur after a contract is signed. It’s critical to nail these processes first or you’re setting yourself up for failure.
Figure out where you ar ..
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