3rd Party Risk Management , Governance & Risk Management

Key Vendor Risk Management Steps

Cognizant's Satyavathi Divadari on How Vendors Can Be Rated for Risk Exposure
Satyavathi Divadari, director of cybersecurity, Cognizant

Key vendor risk management steps include determining upfront how much the vendor will interact with various stakeholders and interact with the news media in case of a breach, says Satyavathi Divadari of Cognizant.

See Also: Reduce Third Party Risk with Zero Trust Network Access

In a video interview at Information Security Media Group's recent Fraud and Breach Summit in Bengaluru, Divadari also discusses:

  • How firms can manage risks with business partners and their subcontractors;
  • Whether rating vendors for cybersecurity maturity will help in mitigating risks;
  • How to plan a third-party risk management program.

Divadari is director of cybersecurity at Cognizant Technology Solutions. Previously, she worked at Wells Fargo, Capgemini, IBM and Tata Communications. She has more than 20 years of experience in security at banking, telecom and the information technology industries.

About the Author

Suparna Goswami

Suparna Goswami

Associate Editor, ISMG

Goswami has more than 10 years of experience in the field of journalism. She has covered a variety of beats including global macro economy, fintech, startups and other business trends. Before joining ISMG, she contributed for Forbes Asia, where she wrote about the Indian startup ecosystem. She has also worked with UK-based International Finance Magazine and leading Indian newspapers, such as DNA and Times of India.

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