Which process is critical for continuous monitoring of third-party vendor risks?
- Continuous Monitoring
- Incident Response
- Risk Management
- Vendor Performance Evaluation
Continuous Monitoring is critical for ongoing evaluation of third-party vendor risks. This process involves regularly assessing and managing risks associated with vendor relationships. While risk management is a broader concept, continuous monitoring specifically emphasizes the need for real-time awareness to promptly address emerging threats or changes in vendor risk profiles.__________________________________________________
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