Recent Growth in Vendor Risk Management Market: BitSight Technologies, RSA, Genpact, LockPath, MetricStream, BWise, Resolver, SAI Global
The major restraining factor for the growth of the market is many organizations' dependence on non-formal and manual process to assess vendor risks. Governments have been continuously upgrading regulations to protect critical data. The fast-changing compliance have encouraged enterprises to adopt compliance management solutions to assess their vendors and mitigate the risks of breaching regulations.
View full press release