Governance, Risk, and Compliance Tools: Third-Party Risk Management Solutions Replace Complex Excel Workflows

Governance, Risk, and Compliance Tools: Third-Party Risk Management Solutions Replace Complex Excel Workflows

  • March 2019 •
  • 7 pages •
  • Report ID: 5756924 •
  • Format: PDF
This IDC Market Perspective takes a look at the emerging third-party risk management market by looking at trends in the marketplace, vendor examples, and advice for service providers. The rise of data privacy regulation and integrated risk management culture has spurred interest in technology solutions to manage third-party risk."According to a 2018 IDC study of 240 high profile data breaches, the average data breach compromises 67,795,884 records. A major source of many of these breaches is the vulnerabilities created by an organization's third-party network. Managing the risk associated with third parties is an essential focus area for any business looking to have an integrated risk management program" -- Ryan O'Leary, senior research analyst for IDC's Legal, Risk, and Compliance
Loading...

We are very sorry, but an error occurred.
Please contact support@reportbuyer.com if the problem remains.