Most of us wouldn’t trust just anyone to watch our children, home, or pets, right? And we typically don’t hire just anyone who applies for employment, do we? What about the guy living out of his van offering low cost tax prep? Probably not your first choice this tax season.
It’s our instinct to take the time to look into these people and perform the due diligence and oversight necessary to assure us that we’re entrusting the right people with our assets. A similar approach needs to be taken when it comes to entrusting vendors with your organization’s systems and data, as well as your clients’ data
Source: LMG SecurityDate: April 12th, 2019Link:https://lmgsecurity.com/vendor-risk-management-the-importance-of-vendor-vetting/Discussion
What sort of technology vendors might an organization like Nike, or Starbucks have?
For many small, medium and large organizations, Google, Microsoft and Amazon are technology vendors. Do these companies need to be “vendor vetted” too?