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Vendor management: The key to productive partnerships

CIO Business Intelligence

What is vendor management? Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. While working with IT vendors can help ease the burden on IT, it also raises concerns, especially around data, risk, and security.

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57,000 Bank of America Customers' Data Compromised in Breach

SecureWorld News

Bank of America is notifying customers that their personal information was compromised in a data breach impacting Infosys McCamish Systems (IMS), a third-party vendor. According to breach notification letters , the exposed customer data includes names, addresses, Social Security numbers, dates of birth, and financial account details.

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Netflix Hack: Key Lessons In The Economics Of Ransomware And Managing 3rd Party Risk

Forrester IT

The data lost is Season 5 of Orange is the New Black, which is original Netflix content. Enterprise Risk Management. Governance Risk and Compliance. third party data. vendor management. Netflix recently experienced a third-party breach. I guess that is right, but how bad is it really? Ransomware.

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CIOs take aim at SaaS sprawl

CIO Business Intelligence

According to IDC SaaS Path research from 2023 , 67% of businesses with more than 1,000 employees have employed a SaaS management platform, says IDC analyst Frank Della Rosa — a market category that includes a broad array of options, such as Productiv, Zylo, Flexera One, Blissfully, Torii, BetterCloud, Zluri, Apptio, and LeanIX, among many others.

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10 best practices when partnering for strategic skills

CIO Business Intelligence

In addition to AI and machine learning, data science, cybersecurity, and other hard-to-find skills , IT leaders are also looking for outside help to accelerate the adoption of DevOps or product-/program-based operating models. Last June, for example, Dun & Bradstreet launched D&B.AI Invest in workforce planning. “In

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Vendor Risk Management & Complying With GDPR 

Galido

The EU General Data Protection Regulation (GDPR) is considering that all e-commerce is exposed to cybercriminals. Data breaches to consumers’ confidential information are reported almost every day. Below is an illustrated overview of the pertinent articles of GDPR vendor risk management that may affect. GDPR Preparedness.

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The Holistic IT Governance

Future of CIO

It takes strategic and systematic thinking and a holistic IT governance approach in running an Agile IT. Digital IT is permeating into the very fabric or core processes in modern organizations, thus, IT governance is crucial to steering business in the right direction and make effective business decisions.