How Many People Should You Dedicate to Third-Party Risk Management?
Many often ask, "how many people should you dedicate to third-party risk management?" Regulatory guidance just reiterates the importance of adequate staffing, but nothing further. So, what is the right number?
Investing in the resources to run an effective third-party risk management program leads to reduced risk, greater security, and greater value. We've put together this eBook to help you determine the amount of staff you need to dedicate.
Download the eBook to learn:
- 8 considerations for third-party risk management staffing
- Industry data
- Problems associated with understaffing
- A formula to help you determine how many staff members you need