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New research reveals a high level of skepticism due to vague product descriptions, ambiguous statistics, limited ability to measure product effectiveness, and a general lack of follow-through by the vendors.
Companies remain on the hook for ensuring their vendors are up to task when it comes to cybersecurity, privacy compliance and continuity of operations. This checklist can help determine the maturity of your vendor risk management program.
Recently I had a conversation with a CSO who discussed the disconnect between a technology vendor’s (manufacturer) product roadmap and his organization’s needs. “I go to these conferences and it seems they are creating solutions without any understanding of how we are organized, our organizational measures of performance, or our challenges with risk and resilience,” he said.