Navigating Third-Party Risk Across Business Realms

Episode No: 52

This episode of the Scale to Zero Podcast is an absolute game-changer! We have the brilliant Jeffrey Wheatman, who is dropping some serious knowledge bombs on third-party risk management.

Protecting your organization has never been more crucial, but it doesn't have to be complicated. Jeffrey will guide you through the ins and outs, providing valuable insights on mitigating risks and maximizing value.
Third Party Risk Management

You can read the complete transcript of the epiosde here >

Learnings from the podcast

  1. Vendor Security Questionnaires are not enough because they are out of date a month after its filled. Continuous assessment is more important than one time vendor security questionnaire.
  2. Prioritization of vendors and their security is key to not get overwhelmed with massive number of vendors. it can be driven by business value & impact of a particular vendor. Categorization can be critical, important and nice to have.
  3. When it comes to procurement decisions, understand the cost vs value factor of the decision. Even though the decision is made by leadership or business, ultimately security is accountable for this.

Insights from Cloudanix

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Third Party Risk Management

Third-Party Risk Management: impact of vendor risks, security questionnaires, prioritization & strategies beyond questionnaires.

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