On-site Assessments in a Virtual World: How Third Party Risk Programs Must Adapt
In this two-part series, organizations will learn how to effectively modify on-site assessment practices to meet the challenges of today’s ...
Tag: third party risk management
Third party risk management requires a commitment to an organization’s entire operational risk profile. It’s a challenge, since third party risks often occur in areas that have no “owner,” and are therefore easily overlooked. Consequences can be far-reaching for overlooking risks associated with third parties, including lost customers due to a third party’s poor-quality service, data breaches resulting from their poor security practices, or supply chain issues stemming from poor disaster recovery procedures. The significant jump in the use of third parties in business has compounded the risks associated with them and escalated potential consequences.
The following articles about third party risk management address various aspects, including third party due diligence and third party risk assessments.
ProcessUnity Launches Vendor Financial Intelligence to Enhance TPRM Programs
Offering Provides Crucial Insight into Financial Health of Vendors and Suppliers Concord, MA (July 28, 2020) – ProcessUnity, a leading provider ...
DOJ Revises Guidance on Corporate Compliance Programs
Following guidance released in June, attorneys from Epstein Becker Green examine the latest guidelines for how the Department of Justice ...
COVID-19 Puts Third-Party Risk Management Under a Microscope
In times of crisis, it’s especially critical to know who critical suppliers are, to proactively monitor them for risk and ...
DOJ: Evaluation of Corporate Compliance Programs, Updated Guidance – 2020
Tom Fox provides an overview of the DOJ's updated Guidance on the Evaluation of Corporate Compliance Programs, exploring key themes ...
NAVEX Global Launches Risk Management Solution Packages to Address Third Party, Business Continuity and Privacy Risk Management Needs
Portland, OR (June 11, 2020) – NAVEX Global®, the leader in integrated risk and compliance management solutions, today announced the availability of ...
Whitepaper: Modern Slavery Compliance
Jurisdictions around the world are increasingly requiring companies to have Modern Slavery compliance programmes in place to prevent the risk ...
New Products from ProcessUnity to Enhance TPRM Programs
ProcessUnity Introduces Vendor Intelligence Suite, Launches Vendor Cyber Intelligence with BitSight to Enhance Third-Party Risk Management Programs First in a ...
Due Diligence Best Practices to Support Your COVID-19 Recovery Efforts
How can compliance programs support their firm’s recovery from COVID-19? Kroll’s Daniel Hartnett suggests that due diligence best practices can ...
New CCPA, GDPR TPRM Privacy Guidelines and Checklists from Shared Assessments
Up-to-the-Minute Privacy Guidelines and Compliance Checklists Help Organizations Demystify Statute Complexities and Execute a Phased Approach to CCPA; Updated GDPR ...
Using TPRM Best Practices to Improve M&A Outcomes
Shared Assessments, leaders in third-party risk management and assessment, has issued new guidelines for organizations conducting mergers and acquisitions. The whitepaper provides ...
Risk Management in the Age of COVID-19
Fusion Risk Management’s Kim Hirsch has been advising clients on pandemic planning and business continuity management nonstop since the outbreak ...
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