March 01, 2017

What Banks Need to Know About Secure Vendor Management

Vendor relationships are a reality for virtually every shape, size, and kind of business. On any given day, you might have people who come into your bank to do simple things like deliver coffee or clean your offices. You’re almost just as likely to have outside providers who are handling complicated tasks like managing your servers. Though the coffee guy might not have access to private data, every vendor relationship brings with it some degree of risk. Knowing how to quantify that risk and engage proper security protocols are vital to the resilience and reputation of your institution.

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Topics: Vendor Management, Risk Management