Third Party Risk Monitoring
Infographic: Supply Wisdom’s Guide to Continuous Risk Monitoring
Written by Supply Wisdom Team
Third-party risk leaders need to stay ahead of today’s rapidly changing and ever-evolving risk environment. Unfortunately, most TPRM programs rely on periodic risk assessments. The problem is risk happens continuously between assessments.
Consequently, organizations are left exposed and unable to proactively avoid or mitigate these “in-between” risk events that could result in significant and costly business disruptions. The solution is continuous risk monitoring.