With the growing number of services consumers expect, many organizations are turning to outsourcing. Leveraging third parties can help enterprises lower their costs and benefit from specialized knowledge and skills that may not exist within the organization. But this increasing reliance on vendors also increases an organization’s risk.
To address this risk, organizations rely on audits, which can confirm that they are working with the right vendors in the right ways. To help auditors understand their role when it comes to vendor risk management, ISACA® has partnered with Galvanize to publish the white paper Audit Oversight for Onboarding Vendors. This white paper provides auditors with practical steps they can take to provide oversight on vendor risk management and vendor onboarding.
