Compliance, IT, and third-party risk teams are being challenged more than ever. Compliance teams are being met with growing cyber risks — and expanding regulations — on a daily basis that must be handled quickly. Much of that impact is coming from organizations leaning on more and more third parties for outsourcing than ever before. As a result, the need for automation, flexible tooling, regulatory guidance, and integrated data is paramount.
In this infographic, you’ll discover research displaying the state of IT and third-party risk today and learn how to operationalize a “3A approach,” including:
- Assessing your growing network with a lifecycle approach
- Addressing evolving risk factors and timelines
- Answering compliance requirements to combat cyber-negligence