6 Techniques to Manage Third-Party Compliance Risk
Keeping up with compliance requirements can be a daunting task, particularly as regulations and laws are frequently revised. And failure to adhere to these laws and regulations can lead to increased scrutiny, fines, legal actions, or even business closure. The same consequences can apply even if the noncompliance stems from the organization's third parties.
How can you ensure your third-party vendors are complying with these laws and regulations? There are a variety of techniques that can effectively manage and monitor third-party compliance risk.
Download the infographic to learn:
- What compliance risk is
- Techniques for third-party compliance
- Examples and best practices for managing and monitoring third-party compliance