What are the risks associated with software vendors?
There are several risks, including data security, compliance issues, and vendor reliability.
Can you elaborate on data security risks?
Sure! Data security risks involve potential breaches, unauthorized access, and data loss.
How can I mitigate these risks?
You can mitigate risks by conducting thorough vendor assessments, implementing strong contracts, and ensuring regular audits.
What should I look for in a vendor contract?
Look for clauses on data protection, liability, compliance, and exit strategies.
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