Fourth Party Risk Management White Paper

Examining Supply Chain Risk and Emerging Best Practices

Fourth party risk management as a strategic program component

While the landscape is adapting to fourth party concerns, issues still exist around reporting and accessibility of information at the fourth party level.

Responses to the very real threat that down chain parties can pose through access to crown jewels, such as intellectual property (IP) and personally protected identifiable information (PII), are beginning to show in the fourth party management arena. Twice as many outsourcing organizations (75%) now rely on controls of their third party to monitor fourth parties than two years ago; and 73% report they use contractual terms to achieve this process. Such efforts mandate all stakeholders within the supply chain become effective in establishing a rigorous third party environment with well defined:

  • Roles and responsibilities.
  • Reporting accountability.
  • Well-documented processes and procedures.

Organizations seeking to adopt best practice strategies and methodologies for a start-up program, or, to bolster an existing risk management program, will find it useful to examine what solutions have been successful in peer organizations.

To obtain a copy of this paper, please complete the form below. A download link will be sent upon receipt of submission to the email address provided.

  • This field is for validation purposes and should be left unchanged.

Shared Assessments Licensee Power Advocate
Shared Assessments Logo usbank
Shared Assessments Logo Bank Of New York Mellon
Shared Assessments Licensee-Copytalk
Shared Assessments Licensee Protiviti
Shared Assessments Licensee Identity Theft 911
Shared Assessments Licensee ControlCase
Shared Assessments Licensee ZS logo
Shared Assessments Licensee Bank of the West
Shared Assessments Logo dtcc
Shared Assessments Program licensee Churchill & Harriman logo
Shared Assessments Licensee TD Ameritrade
Shared Assessments Logo Ernst & Young
MetricStream logo
Shared Assessments Licensee Pivot Point Security
intralinks-logo
Shared Assessments Licensee Rsam
Shared Assessments Licensee ctg
Shared Assessments Logo first data
Shared Assessments Logo sei
Shared Assessments Logo Iron Mountain
Shared Assessments Logo Deloitte
Shared Assessments Logo yodlee
Shared Assessments Licensee Lockpath
Viewpoint Logo
Shared Assessments Logo radian
Shared Assessments Logo Deluxe Corp
Shared Assessments Logo pwc