Key Vendor Risk Management StepsCognizant's Satyavathi Divadari on How Vendors Can Be Rated for Risk Exposure
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.
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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.