SolarWinds brought third-party risks to the forefront, and security experts expect such attacks will become more common. If your third-party vendors pose such risks, then what do you do about fourth-party vendors?
In this case study from Mastercard, you will find out how Mastercard addressed the challenges they faced and how they took a proactive step to build a fourth-party risk management program from the ground up. Mastercard was committed to taking ownership and responsibility for all the risks in its payment ecosystem and chose MetricStream Third-Party Risk Management built on the MetricStream Integrated Risk Platform to support their program.
Business Value Realized with MetricStream:
Comprehensive visibility into the risks of fourth parties
Faster risk assessments with automatic segmentation of fourth parties into various risk categories
Efficient risk assessment process with automatic distribution of questionnaires and population of responses
More actionable and timely fourth-party risk insights which accelerate Mastercard’s risk response
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