Third parties, often referred to as vendors, are essential to helping businesses grow and stay competitive. But failure to conduct thorough due diligence and vendor risk assessments can also make them a weak link in the digital supply chain and introduce unwanted cyber risk.

By asking the right questions and evaluating the security practices of their vendors, organizations can proactively identify and address potential risks, strengthening their overall cyber resilience. And by continuously monitoring performance, they can ensure that vendor cybersecurity measures align with the organization’s expectations.