The rules, which take effect Sept. 5, encountered mixed reactions. Some champion board-level cyber accountability. Others say the rules are too big of a lift.
The consulting industry has enjoyed decades of light regulation, which has sometimes meant a hands-off risk posture inside firms. But that’s all changing — and fast.
Managing risks with your external vendors is essential in a modern supply chain to make sure there is no negative impact on your business.
Just as a weakened immune system can manifest through physical symptoms, inadequate risk management can lead to operational inefficiencies and setbacks.