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6 best practices for better vendor management

CIO Business Intelligence

And how well an IT leader deals with and orchestrates vendor relationships can mean the difference between a well-organized and efficient IT operation and a mess that costs an organization millions of dollars without delivering positive results. Here are several key tips for making the most of vendor relationships.

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Vendor management: The key to productive partnerships

CIO Business Intelligence

What is vendor management? Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. While working with IT vendors can help ease the burden on IT, it also raises concerns, especially around data, risk, and security.

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Agile Procurement In Government Is Not An Oxymoron

Forrester IT

In my early research on Agile procurement in government (and Agile procurement in general), almost all of those conversations quickly devolved into what groups were doing Agile software development. But digital government is much broader […].

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Netflix Hack: Key Lessons In The Economics Of Ransomware And Managing 3rd Party Risk

Forrester IT

Enterprise Risk Management. Governance Risk and Compliance. vendor management. If you do an impact analysis, you see that it has a medium reputational risk, a low financial risk and no regulatory risk. With that kind of risk analysis, you don't pay a ransom. Read more Categories: Brand Risk. Ransomware. third party data.

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Key considerations to cancer institute’s gen AI deployment

CIO Business Intelligence

That included setting up a governance framework, building an internal tool that was safe for employees to use, and developing a process for vetting gen AI embedded in third-party systems. Proactive governance The governance framework came first. So DFCI took three main steps to deploy gen AI in a controlled way.

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Fortinet expands security lineup with sovereign SASE

Network World

A challenge for some enterprise adopters, however, is a lack of control, as some SASE technologies rely on a vendor managing data in the cloud. The network security vendor unveiled a sovereign SASE technology that it says will provide organizations with more control than a typical SASE deployment.

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57,000 Bank of America Customers' Data Compromised in Breach

SecureWorld News

This incident comes just months after another Bank of America vendor, Ernst & Young, suffered a breach exposing data on 30,210 Bank of America customers. Cybersecurity experts say this latest breach underscores risks in the interconnected financial sector, especially regarding third-party vendor management. "As

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