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Strategies to Mitigate the Cost of a Risky Third Party Relationships

Third party incidents like data breaches, fraud, and others can disrupt businesses. Third party management is emerging as a strategic, value-add activity, but many organizations still evaluate and address third party management in silos, limiting the insight and actionable information they have related to their exposure to risks and performance of critical third parties. For effective management, a deep, informed understanding of risks and the impact on their organization is increasingly important.

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