Why is it important to screen your suppliers?
The impact of incidents involving suppliers is greater than ever. The MoveIt-breach, breach is a clear example, where a single external party exposed data from thousands of organisations, including Shell, Landal and TenneT.
Risks of not screening external parties include:
- Increased risk of internal fraud
- A less secure working environment due to limited visibility of who is engaged
- External parties accessing sensitive data without integrity checks
- Non-compliance with regulations related to third-party risk
- Greater reliance on trust in hybrid working environments without verification
- Increased risk of reputational and financial damage
In short, suppliers are a critical component of your risk management framework. Screening them in the same way as employees helps eliminate blind spots.
Contact us via the form or your Customer Success Manager and we will show you within 15 minutes how you can get started within an hour.
"Pre-employment screening plays a key role in onboarding new colleagues: is our new hire reliable and trustworthy? We apply this not only to employees, but also require our suppliers to carry out screening with the same level of care."
Sandra van Eijk
HR Vendor Management
ABN-AMRO