Are you Managing 3rd Party Risk
Whether you are concerned about security regulations or just being secure, you must take responsibility for 3rd party risk as if they are your own. Getting your suppliers to sign compliance contracts is not enough anymore.
Today there are tools that allow your company to continuously monitor your 3rd parties for compliance. As a result the expectations for reasonable controls must now include monitoring and enforcing 3rd party risk.
Read this article on the your requirements to manage your 3rd parties. Check out how use of new solutions can enable M&A due diligence, annual risk assessments and expanding regulation compliance.