4 Best Practices to Protect your Organization from Risk

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If your organization is entering into a relationship with a vendor or partner, due diligence is key to mitigating third-party risk. Due diligence allows risk management and compliance teams to make informed decisions about who your organization does business with and protect it against potential liabilities, such as exposure to corruption laws or reputational impacts.

Performing cyber security due diligence around third-party relationships has become increasingly important. As your business increases its reliance on third parties, it’s critical that these vendors are vetted thoroughly for cyber risk.

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