
Third-Party Risk Management
Medical research significantly depends on third parties, ranging from data hosting to central labs and CROs. Life sciences companies must rely on these entities to meet their objectives. With the increasing involvement of third-party vendors in operations, there's a corresponding rise in exposure to external risks. Consequently, it's vital for life sciences companies to accurately know who accesses their data, how their data is safeguarded, and whether they can trust these third parties.