MARCH 2023CIOAPPLICATIONS.COM8CXO InsightsIN MY VIEWartnering with vendors has become a vital element in today's security programs. As the Director of Application Security at The Motley Fool, I have learned that identifying vendors who can supply essential capabilities is vital for the success of our security program.But how to select the right vendors? It's a common pitfall to simply focus on the company with the best mousetrap. Through my years of experience working with many vendors, I have come to appreciate the fact that there are things beyond just technical capabilities that will make a partnership successful.This article details less considered aspects that security tool purchasers should consider when evaluating a vendor. Best of suite vs best of breed approachBest of suite vendors offer an integrated suite of tools. Having everything "under one roof" means that I can better gauge where risk in my organization is. I won't have to consolidate findings from multiple vendors, which can certainly be an all too time-consuming task. And there's something to be said about reducing one's panoply of vendors. Fewer vendors means ADDITIONAL CONSIDERATIONS IN THE VENDOR SELECTION PROCESSPAOLO DEL MUNDO, DIRECTOR OF APPLICATION SECURITY, THE MOTLEY FOOLP
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