Industry Insights
A point-in-time approach to risk management is no longer effective
Reported by helpnetsecurity.com
Among organizations that engage third parties to provide business services, 83% identified third-party risks after conducting due diligence and before recertification, according to Gartner. Gartner’s survey of more than 250 legal and compliance leaders reveals that the standard point-in-time approach to risk management is no longer effective in today’s landscape of fast-paced, rapidly changing business relationships.