
digitalrisk
The Conundrum of Handling the Challenge of Third-Party Digital Risk Management (Part 3)
SECURING THE RIGHT VENDORS IN THE CYBER SECURITY AND DATA PRIVACY DOMAINS Digitalization forcefully accelerates the adoption of platforms and devices that allow sensitive data to be shared with third parties, such as cloud service providers, data aggregators, application programming interfaces (APIs), and other technology-related intermediaries. In essence, this propagates the need to know and track vendors much more diligently,