A recent cybersecurity breach at the US Department of the Treasury, attributed to a Chinese state-backed actor, has raised serious concerns about supply chain security risks. This incident, which was traced back to vulnerabilities in a third-party remote tech support service, underscores the vulnerabilities of technology supply chains and the growing threat they pose to … Read more
By 2026, AI is expected to help 20% of organizations streamline their structures, potentially eliminating over half of current middle management roles. This shift is driven by AI’s ability to optimize decision-making and automate managerial tasks. Additionally, by 2027, up to 70% of new employee contracts could include provisions for AI-powered digital representations of their … Read more
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
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