The Indian government has taken multiple forward-looking cybersecurity initiatives to protect citizens, organizations, and critical systems from cyber threats. These efforts combine policy, technology, awareness, and law enforcement to build a safer cyberspace for all.
Understand the difference between inherent vs residual vendor risk in VRM. Learn how controls reduce cyber risk and make smarter third-party risk decisions with Frigg experts.
To be compliant with a Vendor Risk Management (VRM) framework, a company must impose clear, enforceable restrictions and requirements on vendors. These controls reduce cybersecurity, legal, and operational risk and are typically embedded in policies, contracts, and technical controls.
Vendor Risk Management (VRM), also known as Third-Party Risk Management (TPRM), is the process by which an organization identifies, assesses, manages, and monitors risks arising from its relationships with external vendors, suppliers, and service providers, particularly cybersecurity risks.