More than two-third of organizations vulnerable to third-party risk: Deloitte

A survey by U.S.-based consultancy firm Deloitte Touche Tohmatsu found that 70% of organizations worldwide believed that business and macro-economic uncertainties have increased the risks inherent in managing third-parties, CFO Innovation reported. The survey found that only 20% of organizations have streamlined their extended enterprise risk management systems and processes. More than half of respondents said that their organization's level of dependence on third-parties had increased.

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