Third-Party Due Diligence Best Practices
Reciprocity
OCTOBER 7, 2024
For instance, if a company wants to outsource work or hire a new supplier or vendor, it will do third-party due diligence to determine any risks or possible issues with this new partnership. Webinars and resources may only go so far and sometimes leave firms unable to respond when cyber assaults affect a third party and their own.
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