Risky Business: Important Lessons From SVB’s Demise
When all is said and done, it’s likely that Silicon Valley Bank’s failure will be traced back to one serious ...
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.
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 ...
Shared Assessments’ Third-Party Risk Management Framework
The Shared Assessments member-led consortium for third-party risk management has introduced an assessment and monitoring module, the latest addition to ...
Sales at All Costs? Unified Credit Risk Management Can Squash Bad Deals Before They Happen
The collapse of a business doesn’t usually happen all at once. There are warning signs. Late payments, legal filings and ...
Unify Third Party Risk & Cybersecurity for Sustainable Resiliency
Align risk reduction efforts by bringing together third-party and cybersecurity functions White Paper Unify Third-Party Risk & Cybersecurity for Sustainable ...
Gartner: 84% of Enterprise Risk Management Teams Have Overlooked a Third-Party Issue
A staggering eight in 10 executive risk committee members say their organizations have experienced operations disruptions due to a third-party ...
Regulatory Clarity Is Coming, But Companies Still Need to Thread the Needle on ESG
A handful of ESG-related regulations are in the works or go into effect in 2023 targeting global supply chains. Despite ...
Top 10 Compliance Stories of 2022
The more things change, the more they stay the same. This time last year, we summarized the top 10 ESG ...
Where Does Your Cotton Come From? Dismantling Global Forced Labor Requires Pinpoint Supply Chain Transparency
At any given time on earth, an estimated 25 million people are forced to work against their will. The human ...
How to Account for Emotional Intelligence in Third-Party Risk Management
Third-party risk management (TPRM) has grown in prominence as organizations increase their reliance on external parties, from cloud providers to ...
Never the Same: 5 Ways Russia’s Invasion of Ukraine Will Impact Business Forever
Tom Fox’s musings on the war following a recent chat with Exiger CEO Brandon Daniels; the pair discuss the ways ...
LogicGate Risk Cloud Adds Black Kite Integration for Third-Party Risk Management
LogicGate’s Risk Cloud compliance platform has added integration with Black Kite, which offers cyber ratings, Open FAIR financial risk quantification, ...
