Third Party Risk Monitoring

Infographic: Supply Wisdom’s Guide to Continuous Risk Monitoring

Supply Wisdom Team Written by Supply Wisdom Team

Supply Wisdom Continuous Third-party Risk Monitoring Infographic
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.

Point in Time Risk Assessment are Insufficient

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.