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What is Vendor Risk Management

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Vendor Risk Management (VRM) is a systematic process used by organizations to identify, assess, and mitigate risks associated with third-party vendors, suppliers, and service providers. This process ensures that businesses can maintain operational resilience, protect sensitive data, and comply with industry regulations. As businesses increasingly rely on external vendors—whether for https://www.baarez.com/what-is-vendor-risk-management/

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