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https://www.computereconomics.com/article.cfm?id=1809
Mitigating Risk in Software Vendor Support Choosing an enterprise application vendor can be fraught with certain risks if vendor support proves to be less than capable down the road. A recent case of alleged vendor support failure serves as a reminder of best practices for minimizing risk when negotiating software support agreements.
https://answers.yahoo.com/question/index?qid=20090807070519AAjR92W
Aug 07, 2009 · There is no risk absolutely of a vendor support. But do ask their Operating System support policy and see if it is satisfactory. It is important that you have a vendor to support area of their expertise. A vendor support often is a prime reason to reduce downtime. The risk involved includes but not limit to * Inability to keep up to SLA's
https://www.sikich.com/insight/vendor-management-techniques-and-third-party-risk-mitigation/
Jul 09, 2018 · Risk assessments identify the potential risks and threats faced by your organization. A risk assessment should encompass your entire organization (including technologies, employees and processes) as well as third-party vendors, as focusing on too narrow of a scope may lead to potential risks being missed or scored inappropriately.
https://www.intralinks.com/blog/2015/11/mitigating-risk-vendor-network
Audit your vendor network. Identify areas of your business that may be at risk based on your external business relationships and create ways to mitigate that risk – using technology or adapting workflow. Add specific language to your service level agreements (SLAs) to reflect the standards to which you will hold your vendors.
https://searchsecurity.techtarget.com/tip/Outsourcing-IT-services-Is-it-worth-the-security-risk
Feb 01, 2005 · Whether you're hiring a third-party for desktop support, security testing or network monitoring, the more eyes and hands you have on your electronic assets the greater the risk of something bad happening. The potential for loss increases given the seemingly endless amount of data stored on so many different computers.
https://www.securitymagazine.com/articles/87025-steps-to-mitigating-third-party-vendor-cybersecurity-threats
Mar 22, 2016 · There are myriad security risks in giving third-party vendors access to your network and data. If a third party gets hacked, your company can lose vital business data, and confidential employee information can be compromised. If it’s a serious hack, the consequences for your company can range from white-hot media attention to a damaged reputation, lawsuit hell, higher insurance costs ...Author: Sanjay Katkar
https://www.journalofaccountancy.com/newsletters/2015/sep/mitigate-vendor-risk-in-cybersecurity-environment.html
How to mitigate vendor risk in a cybersecurity environment ... This is true for third parties that host your data as well as those that have regular access to your data, including computer support vendors. You are paying for services, so you should demand security that meets or exceeds your own security standards. ... Here’s hoping that the ...
https://johnsiematas.wordpress.com/tag/or-sales-order-taking-c-the-use-of-a-vendor-to-support-your-desktop-computers-and-d-the-use-of-a-vendor-to-provide-network-support-the-paper-will-include-a-risk-mitigation-strategy-for-each-situa/
Feb 28, 2014 · Based on the Barr (2007) article, might an effective risk management plan be considered a process that may restore all systems, or sales order taking; c) the use of a vendor to support your desktop computers; and d) the use of a vendor to provide network support. The paper will include a risk mitigation strategy for each situa, processes, R. (2009). Intrusion prevention systems market trends.
https://www.computerweekly.com/news/2240084219/How-to-mitigate-the-security-risks-of-outsourcing
It is essential to understand the risks, and to take all reasonable steps to keep them to a minimum. It is also worth keeping the risks in perspective. Since the days of the computer bureaux in the 1970s, companies have given payroll processing to outside suppliers to handle,...
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