Why Vendor Risk Management is Critical for Businesses in India | UpGuard

The report argues that Indian organizations face rising third‑party and supply chain cyber risks, with increasing data breach costs and growing reliance on vendors, and urges adoption of robust Vendor Risk Management (VRM) programs for due diligence, remediation, and continuous monitoring. It highlights trends such as third‑party software vulnerabilities as costly attack vectors, India’s leading role in global supply chains, and the heightened risk and impact of supply chain attacks across interconnected vendors and fourth parties, positioning VRM as essential to reduce exposure.