Vetting Vendors’ Cybersecurity
LMG Security’s Madison Iler discusses how to structure a vendor risk management program (and where to spend your time) and ...
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.
Negative Interest: As a Risk Manager, Should You Be Concerned??
Remember the panic around Y2K? Jay Fitzhugh, Chief Regulatory Officer at Mitratech, discusses why we are facing down a similar ...
Due Diligence and Corporate Oversight (Some Adult Supervision Required)
Conducting thorough due diligence can be tedious work, but (as with most endeavors) putting in the effort yields the best ...
Refinitiv Acquires The Red Flag Group, Significantly Expanding its Suite of Due Diligence Offerings
London and New York (October 5, 2020) – Refinitiv has today acquired The Red Flag Group, significantly expanding its suite of due ...
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 ...
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