The world’s most comprehensive third party risk management tools
"Implemented correctly, the Shared Assessments Program serves two critical purposes: satisfying requisite regulatory requirements, and, honoring one's fiduciary responsibility to maximize the overall cost efficiency of their third-party vendor risk management program."
— Ken Peterson, President and CEO, Churchill & Harriman, Inc., Shared Assessments Program Advisory Board Member
Obtain efficiencies and cost savings by using just one document to establish and define your risk control environment
Reduce FTE costs by using one document to satisfy multiple client requests, rather than responding to multiple proprietary questionnaires
Used globally by financial institutions, healthcare organizations, energy/utility, retailers, telecommunications and others
Shared Assessments Program Tools kept current with regulatory and industry standards
"Shared Assessments Program tools allow enterprise organizations to evaluate and measure the level of IT risk across their vendors in an quantifiable, objective and repeatable process."
— Niall Browne, CSO and VP of Security, Workday
The Shared Assessments Program is pleased to present a briefing paper based on the significance of information security and privacy controls on law firms as
Recently Released: Law Firm Briefing Paper
The Shared Assessments Program is pleased to present a briefing paper based on the significance of information security and privacy controls on law firms as third party service providers and collaborative opportunities for resolution.
This paper focuses on the issues law firms are facing as they adapt to providing a secure IT environment that meets increasingly stringent third party risk assessment requirements; and solution-building efforts to establish robust industry-wide program recommendations regarding management of IT security, data, resiliency, and privacy risk.
As the trusted source in third party risk management, the Shared Assessments membership works collaboratively to develop improvements to third party risk processes and methodologies and create efficiencies.
Recently Released: Collaborative Onsite Assessments Case Study
The Shared Assessments Program is pleased to present a case study based on our first in a series of pilots for our Collaborative Onsite Assessment program.
The goal of this pilot program is to create the opportunity for multiple industry outsourcers to perform a collaborative onsite assessment of a single service provider, performed by an independent assessment firm, leveraging the Shared Assessments Agreed Upon Procedures (AUP), the standardized testing procedures of the Shared Assessments Program, as a common onsite assessment vehicle. The case study outlines the methodology used and the results of this first pilot.
The 2014 Vendor Risk Management Benchmark Study by Shared Assessments
The 2014 Vendor Risk Management Benchmark Study by Shared Assessments in collaboration with global consulting firm Protiviti examines the maturity of organizations' current vendor risk management programs.