How does digital risk protection enhance third-party risk management by identifying vulnerabilities in external vendors or partners?
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Digital risk protection enhances third-party risk management by providing organizations with the capability to monitor and analyze external vendors or partners’ digital footprint, including their online presence, security posture, and potential vulnerabilities. By using advanced threat intelligence and monitoring tools, organizations can identify security gaps, data exposures, or cyber threats associated with their third parties. This proactive approach allows companies to assess and prioritize risks, implement mitigation strategies, and ensure the security of their digital assets and data shared with external entities.