Trust, But Verify: The Evolution of Vendor Risk Management in Finance - Seguridad Mania.com - España y América Latina

Vendor risk management has long been an area of concern for Financial Institutions. Regulators are now looking for banks to do more and provide a higher level of assurance about the security practices of their vendors. But how? With regulators continuously raising the bar, one thing is clear: the vendor reviews of the past will no longer be sufficient in today's environment. In this presentation Stephen Boyer, CTO, and Cofounder of BitSight Technologies will explore: - The evolving regulatory landscape regarding Vendor Risk Management and the practices organizations are adopting to meet these more stringent demands. - Why continuous monitoring of vendor security performance is both critical and achievable, through the use of data-driven, evidence-based security ratings - How a global financial services firm is transforming the way they select and interact with vendors and suppliers, detailing their own industry-leading practices in VRM and how the use of security performance ratings is allowing them to harden their extended enterprise.