BigData Archives - MODEVITY

Understanding and Implementing Third-Party Vendor Risk Management

May 23, 2024May 23, 2024 by Thomas Canova

Effective Vendor Risk Management (VRM) is crucial for mitigating risks and protecting your business’s reputation. This involves identifying potential third-party vendors, conducting thorough assessments, and continuously monitoring their performance. What is Vendor Risk Management? Vendor risk management is an ongoing process of due diligence carried out before and after engaging with third-party suppliers. It aims … Read more

Healthcare Organizations and Vendor Cyberattacks: A Guide to Preparation and Response

March 22, 2024 by Thomas Canova

The number of cyberattacks is on the rise, and healthcare providers are a prime target. These attacks often come through third-party vendors, increasing the risk for healthcare organizations. The healthcare industry providers often rely on a complex network of vendors and subcontractors. This interconnectedness means a cyberattack on a vendor can easily migrate through the … Read more

AI Can Support Third-Party Vendors and Supplier Risk Management Challenges

March 4, 2024February 29, 2024 by Thomas Canova

Although Artificial Intelligence (AI) has been around for quite a while, the adoption and evolution of AI-related technologies has dramatically improved over the past year. AI can provide organizations with an easier way to manage third-party vendors and supplier risks and ensure compliance in this complex regulatory environment. Third Party Vendors: Opportunities and Challenges Organizations … Read more

Other Pages

Quick Links