While vendor risk management has long been an area of concern for most all organizations, it’s been only in the last 5 years that it’s become a top priority. Regulators, company boards, executive management, and now customers are looking for organizations to do more and provide a higher level of assurance about the security practices of their vendors. But how? Deploying a trust but verify strategy sounds like a good idea, but what will it take from a people, process and technology point of view and will current solutions in the marketplace be sufficient in today's environment.
what we have discussed in the webinar
- The evolving regulatory landscape regarding Vendor Risk Management, and the practices organizations are adopting to meet these more stringent demands.
- Current challenges, trends, and strategies to effectively build and maintain Your Vendor Risk Program.
- What 5 things you can put into practice immediately to start forming the foundation of solid Vendor Risk Management program.
Feedback on company, product, customer service, ratings, intention to return.
Evaluation of communication information and strategy within the company.
Customer satisfaction survey with product, representative, and process questions.