The Vendor Assurance Confidence Gap: Why It's Widest With Your Most Critical Vendors
Vendor assurance efforts are increasing, but risk leaders don’t trust the results of that effort. In KPMG’s Global Third-Party Risk Management (TPRM) Survey, only 15% of risk leaders said they have high confidence in the data that underpins their TPRM program. Only 17% rate their data quality as excellent. Security teams are running more assessments and sending more questionnaires than ever, but fewer than one in five leaders trust what any of that produces.