Security Strategies for Managing Third Party Vendors

As companies increasingly outsource elements of their business to third parties, the risk of losses increases dramatically. How often do we hear horror stories about thefts or losses as a result of actions by outside personnel contracted to provide a service? Companies that effectively manage and monitor their third-party relationships mitigate risk, reduce losses, and ensure compliance with regulations. This presentation provides a systematic approach for applying security management practices and due diligence to vendors, subcontractors, suppliers, and service providers.