Authorities on Risk Assurance

The Shared Assessments Blog

What is Your Voice Privacy Debt?

Published on December 1, 2016 By | Posted in: Privacy, Voice

By, Martin Geddes Co-Founder and Executive Director Hypervoice Consortium Co-Written By, Kelly Fitzsimmons Co-Founder and Managing Director Hypervoice Consortium Today, we can talk to a computer just as easily as can type at one. The use of Personal Voice Assistants (PVAs) — such as Siri, Alexa, Cortana — is skyrocketing. According to Google, 20% of […]

Updated for 2017: Tools Specifically Designed to Manage Third Party Risk

Published on November 29, 2016 By | Posted in: News, Vendor Security, Third Party Risk, Risk Management, Press Release, Risk Assessment, Third Party Risk Management, Vendor Risk Managment, Shared Assessments, Program Tools, Vendor Risk, Standardized Information Gathering (SIG), Agreed Upon Procedures (AUP), Vendor Risk Management Maturity Model (VRMMM)

PRESS RELEASE Contact: Marya Roddis Vice President of Communications  505-466-6434 Updated for 2017: Tools Specifically Designed to Manage Third Party Risk Shared Assessments Program Tools Empower Risk Management Confidence Santa Fe, NM — November 29, 2016 — The Shared Assessments Program, the member-driven trusted source in third party risk assurance, announces the release of […]

Demonstrating the Increased Maturity of Third Party Risk Management Programs – 2016 Benchmark Study

Published on November 29, 2016 By | Posted in: Third Party Risk, Risk Management, Newsletter, Board's, Third Party Risk Management, Shared Assessments, Benchmark Study, Benchmark Study, Blog

The Shared Assessments Program and Protiviti, Inc., a Shared Assessments member organization, have completed the 2016 Vendor Risk Management Benchmark Study, the third annual study in this series. This year’s study shows, for the first time, that companies appear to have reached a positive turning point with regard to managing third party risks. Data from […]

Shared Assessments Updated 2017 Program Tools

Published on November 1, 2016 By | Posted in: Third Party Risk, Program Tools, Third Party Risk Management, Vendor Risk Managment, Shared Assessments, Vendor Risk, Blog

Tools That Empower Vendor Management Confidence Shared Assessments responds directly to the dynamic landscape of third party risk management with the annual update of its Program Tools. The Tools serve organizations, regardless of size and industry, helping them navigate the constantly evolving landscape of cyber and other security threats at both the national and international […]

Tone At The Top: Culture Counts — The Wells Fargo Saga

Published on October 31, 2016 By | Posted in: Blog, Huffington Post, Board of Directors, Tone at the Top, Wells Fargo

“Tone at the Top” has become an often-quoted mantra in business circles but it appears to have shed a rather dim light when evidenced by the continuing saga at Wells Fargo. In a nutshell – in case you haven’t followed the recent news reports – the San Francisco-based bank recently fired over five thousand employees […]

Comments Invited on Federal Banking Agency Enhanced Cyber Risk Management Standards

Published on October 19, 2016 By | Posted in: Third Party Risk, Cyber Risk, Third Party Risk Management, OCC, Data, Data Protection

The three federal banking regulatory agencies, the Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, announced an advance notice of proposed rulemaking (ANPR) regarding enhanced cyber risk management standards for large and interconnected entities under their supervision, as well as those entities’ service providers. The standards […]

You Can’t Build a Robust Risk Management Program Without the Right Skills

Published on October 16, 2016 By | Posted in: Third Party Risk, Newsletter, Third Party Risk Management, Certified Third Party Risk Professional (CTPRP) program, Data, Blog, Data Protection, Education

The intricate third party risk management (TPRM) lifecycle requires coordinated and well-integrated knowledge from the Board and C-Suite through management and general staff, and extends throughout the relationship with third and fourth parties. The complex elements of a robust TPRM program involve effective design, control and monitoring of policies and processes, third party and system […]

G-7 Financial Sector Fundamental Cybersecurity Guidance

Published on October 14, 2016 By | Posted in: Cybersecurity, Guidance, Blog

This week the U.S. Department of the Treasury and the Board of Governors of the Federal Reserve System announced the publication of the G-7 Fundamental Elements of Cybersecurity for the Financial Sector. The document, released by central bank governors and finance ministers of the G-7 nations, delineates eight fundamental elements around cybersecurity for the financial […]

Education Increasingly Important in Third Party Risk Management

Published on October 7, 2016 By | Posted in: Certified Third Party Risk Professional (CTPRP) program, Certification

Who does your organization trust to assess key service providers with access to your confidential and proprietary data? Specialized skills and expertise are required to manage risk in a rapidly evolving outsourced economy. Certifications are an important way to demonstrate competency in a complicated field to employers, colleagues, and customers. According to the 2015 Shared […]

Press Release – White Paper Release: Building Best Practices in Third Party Risk Management

Published on October 4, 2016 By | Posted in: Press Release, Third Party Risk Management, White Papers

MEDIA CONTACT: Marya Roddis, Vice President of Communications O: 505-466-6434 C: 575-235-8228 Involving Procurement to facilitate a centralized process can be leveraged to achieve more than just cost savings Santa Fe, NM – October 4, 2016 – The Shared Assessments Program is pleased to announce the release of its newest white paper: Building Best […]

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