UK Corporate Crime Law Puts ‘Senior Managers’ in the Hot Seat
As Britain’s landmark economic crime law takes effect later this year, organizations face expanded liability and unclear guidance on compliance
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.
Your Liability for Fraud: Are You Looking the Right Way?
Changes to UK regulation make companies responsible for third parties’ fraudulent conduct
Where TPRM Meets AI: Balancing Risk & Reward
Is your organization prepared for the dual challenges of AI in third-party risk management? Whitepaper Where TPRM Meets AI: Balancing ...
9 Emerging Use Cases for AI in TPRM
(Sponsored) As third-party ecosystems grow more complex, compliance teams face mounting pressure to assess and monitor external relationships effectively. Miriam ...
Relationship (Owner) Goals: Why Half Your TPRM Red Flags Stay Hidden
The front-line staff who manage vendor relationships are uniquely positioned to spot problems before they escalate, yet many organizations fail ...
Uniting Forces: Cross-Functional Approaches to Insider Threat Prevention
Creating a structured framework that brings together security, HR, IT, legal and compliance teams to fight internal vulnerabilities
Internal Audit Group Prepares New Third-Party Topical Requirement
Most organizations expect to increase fraud budgets
Risk as a Catalyst: Transforming Compliance Into a Growth Engine
From AI to scenario planning, the tools and tactics driving smarter risk preparedness
Buyer’s Guide to TPRM Software
Simplify your third-party risk management software selection Buyer's Guide Guide to Third-Party Risk Management Software What’s in this guide from ...
Google Cloud Generative AI Risk Management in Financial Institutions
How can financial institutions safely harness generative AI? Whitepaper Adapting Model Risk Management for Generative AI What’s in this whitepaper ...
Supply Chain Cyber Breaches Affect More Than 80% of Organizations
Leaders remain concerned about AI impact (for good reason); cloud security spending on the rise
What CrowdStrike Outage Can Teach Us About Vendor Risks
Successful vendor relationships rely on joint understanding of expectations
