Authorities on Risk Assurance

The Shared Assessments Blog

Tips, Tools and Recommendations for Improving Healthcare Security

Published on June 7, 2017 By | Posted in: Healthcare, News, Security, Shared Assessments Summit

In this series, Shared Assessments Advisory Board Committee member Ken Peterson talks about managing cyber risk in the Healthcare space. We look forward to hearing more on this topic from Ken and the NH-ISAC at the 10th Annual Shared Assessments Summit. Q&A Series – Part 2 For the healthcare industry, let’s talk about third party […]

The Evolving Threat Landscape and New Challenges for Healthcare Security

Published on June 1, 2017 By | Posted in: Healthcare, Security

In this series, Shared Assessments Advisory Board Committee member Ken Peterson talks about managing cyber risk in the Healthcare space. We look forward to hearing more on this topic from Ken and the NH-ISAC at the 10th Annual Shared Assessments Summit. Q&A Series – Part 1 As a seasoned veteran in risk management and threat […]

Ransomware – Is it Possible to Avoid Being a Target?

Published on May 22, 2017 By | Posted in: Cyber Attacks, News, Ransomware, Third Party Risk Management

This most recent and extraordinary ransomware attack shows the extent to which thieves will go and the impacts this can have on a global scale. While certain types of organizations have become favored targets for hackers, this particular event underscored the fact that everyone is at risk. In the now infamous WannaCry attack, organizations, agencies […]

Leading Third Party Risk Summit – Celebrating Our 10th Year

Published on May 10, 2017 By | Posted in: Blog, CTPRP Training, Cybersecurity, Event, Guidance, Larry Ponemon, News, Newsletter, Shared Assessments Summit, Third Party Risk Management

. Shared Assessments Program Summit Addresses Digital Transformation As organizations embrace the opportunities afforded by digital technologies, they are facing a business ecosystem that will be forever transformed. The 10th Annual Summit includes pre-Summit workshops and is designed as a comprehensive opportunity for learning, networking and sharing around third party risk. We’ve devoted the week […]

Failed Risk Controls – The Wells Fargo Saga, Part Two

Published on April 17, 2017 By | Posted in: Blog, Board of Directors, Tone at the Top, Wells Fargo

By: Bob Jones, Senior Advisor, The Santa Fe Group, Shared Assessments Program and Gary Roboff, Senior Advisor, The Santa Fe Group, Shared Assessments Program. The Sales Practices Report released by the Board of Wells Fargo on April 10th provides an extraordinary behind the scenes look at the breakdown of risk control processes at one of […]

Setting a New Benchmark – New York State Cybersecurity Requirements

Published on April 17, 2017 By | Posted in: Best Practices, Business Resiliency, Compliance, Education, Framework, Newsletter, Outsourcing, Risk Management, Third Party Risk Management, Vendor Risk Managment

For financial services companies that fall under the New York State Department of Financial Services (DFS) cybersecurity requirements rule, the timeline for implementing 23 NYCRR500 has begun. The new rule became effective March 1st. Each section of the rule has a timeline relating to the development of cybersecurity programs for all “Covered Entities.” The regulation […]

The Shared Assessments Program 2017 Strategic Risk Management Initiative

Published on April 11, 2017 By | Posted in: Best Practices, Board's, Business Resiliency, Certified Third Party Risk Professional (CTPRP) program, Cybersecurity, Education, Framework, Outsourcing, Risk, Risk Management, Security, Third Party Risk, Third Party Risk Management, Vendor Risk Managment

The Shared Assessments Program is the only organization that has uniquely positioned and developed standardized resources for managing the complete third party relationship lifecycle. Such standardization is critical to the advancement of effective, secure third party controls and risk management in an otherwise fractured market. As part of our 2017 initiative, we’re formalizing the Shared […]

Setting Expectations for Your Third Parties

Published on March 14, 2017 By | Posted in: Best Practices, Business Resiliency, Education, Newsletter, Outsourcing, Risk, Risk Management, Security, Third Party Risk, Third Party Risk Management, Vendor Risk Managment

Risk Rating During On-Boarding Including third party risk rating as a strategic part of a robust risk management program provides the opportunity for early identification of the wide range of issues that ripple through both regulated and unregulated industries wherever outsourcing is present. Scoring third parties consistently was ranked as the most challenging issue in […]

Building Your TPRM Program – Part 2: 11 Essential Activities to Implement in your Third Party Risk Management Program

Published on March 6, 2017 By | Posted in: News

This is part two of a two-part series created in response to an increasing number of member requests for foundational concepts that support Boards and executive managers as they work to define, design and implement evidence-based Third Party Risk Management (TRPM) programs. This second part provides starting-point approaches and essential focus areas for an organization […]

Employing Lines of Defense – Risk Management That’s Not Just for Banks

Published on February 23, 2017 By | Posted in: Best Practices, Business Resiliency, Education, Framework, Newsletter, Outsourcing, Risk, Risk Management, Third Party Risk Management, Vendor Risk Managment

Key Best Practices Messages Robust risk governance principles are espoused in guidelines worldwide for Enterprise Risk Management (ERM) from organizations that vary from oversight agencies to industry support groups. Just for example, the International Association of Privacy Professionals (IAPP), Financial Stability Board (FSB), Committee of Sponsoring Organizations of the Treadway Commission (COSO), the Basel Committee […]

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