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Managing IT Vendor Risk with ServiceNow
April 25, 2019 @ 2:00 pm - 3:00 pm
IT priorities are focused on daily tasks and projects, pushing vendor risk management to secondary importance and diverging from a proactive vendor assessment and selection process. IT leaders are relying on an increasing number of third-party technology vendors and outsourcing key functions to meet the rapid pace of change within IT.
Risk levels can fluctuate over the course of the partnership, requiring manual process checks and/or automated solutions. A thorough risk assessment in the selection phase is your first line of defense. If you follow the principles of vendor risk management, you can mitigate collateral losses following an adverse event.