What department typically owns the Third Party due diligence/assessment process?

Procurement14%

Operational Risk45%

Audit19%

Vendor Risk Management 10%

Cybersecurity10%

Legal2%

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3 years14%

5 years50%

10 years21%

15 years or more10%

Not sure3%

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Data breaches due to remote work8%

Ransomware attacks49%

Lack of a corporate security plan22%

Missing security patches10%

Failure to inform employees of threats6%

Other (please specify)2%

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