BITSIGHT SECURITY RATINGS BLOG

You’ve likely heard your fair share of mortifying headlines around IT vendor management mistakes. Many of the highly publicized breaches in the last several years happened simply because the companies did not follow basic best practices...

What is Vendor Risk Management?

Vendor risk management (VRM) is the practice of evaluating business partners, suppliers, or third-party vendors both before a business relationship is established and during the duration of your business...

There are so many necessary steps involved in creating a comprehensive vendor risk management (VRM) program. Since we understand how much of a time investment it is to get your VRM program up and running — and because we acknowledge that...

A sad truth about vendor risk management is that data breaches can—and will—happen to far too many companies. They are an unfortunate side effect of the digital world we live in today. But catastrophic data breaches are another story...

As we highlighted in a recent blog post, a diverse range of companies utilize BitSight Security Ratings to manage cyber risk. Many of our customers are actively using these ratings to manage vendor risks, screen mergers and acquisition...