Standardized Excellence To Meet Today’s Risk Environment Shared Assessments has released the 2022 Third Party Risk Management Toolkit. The tools included in this update are: Vendor Risk Management Maturity Model (VRMMM): Self-assessment of TPRM Programs Standardized...
Theranos Trial: Could TPRM Have Kept Blood Off The Board’s Hands?
Sep 23, 2021 | Board of Directors, Corporate Culture
Our collective ears at Shared Assessments perk up when “third party” is mentioned as evidence in a court room. A high-profile jury trial is unfolding in San Jose, California, and testimony has pointed to the use of third parties in concealing the fraud. Theranos, a...
Data Retention Policy – How To Catch And Release Data
Sep 22, 2021 | Big Data, Data & Cybersecurity, Data Protection
“In catch and release fishing, anglers immediately release native fish - unharmed - back to the waters from which they are caught,” says the National Parks Service. The Parks Service also recommends that anglers “learn the regulations.” Catch and release fishing...
Could Cyberwarfare Make the World Safer?
Sep 21, 2021 | Cyberwarfare, Data & Cybersecurity
When you hear the word “cyberwarfare” hope probably isn’t the main emotion you feel. The word is far more likely to inspire feelings of fear—a response that hasn’t been helped by years of sci-fi movies where conflicts between man and machine are full of violence. Yet,...
The Importance of Supply Chain Risk Management – Marketron Cyberattack
Sep 20, 2021 | Cyberattacks, Cybersecurity, Data & Cybersecurity
Marketron Broadcasting Solutions, whose products and services support multimedia advertising campaigns across television, radio, and digital media, was struck with a cyberattack over the weekend. Marketron’s website notes that “Marketron is experiencing a cyber event,...
ESG Risk In TPRM – Webinar Summary
Sep 16, 2021 | Corporate Culture, Third Party Risk Management
As third party risk management programs are being tasked to assist their organizations' ESG (environmental, social, and governance) efforts with their most critical suppliers and vendors, TPRM teams have been left scratching their collective heads and asking “what...
Top 5 Emerging Third Party Risk Threats
Sep 13, 2021 | Third Party Risk Management
Last week, Tom Garrubba, VP, Shared Assessments and Alastair Parr, SVP of Global Products & Delivery, Prevalent, presented the Top 5 Emerging Third Party Risk Threats. The pair offered an overview of: Effective remote assessment methodologies Proactive event...
Shared Assessments SIG: 5 Most Asked Questions (and Answers)
Sep 10, 2021 | Standardized Information Gathering (SIG), Tools & Templates
“Survey says!” Depending on your age and viewing habits, that phrase likely calls to mind Family Feud hosts Richard Dawson, Louie Anderson or Steve Harvey. The legendary game show pits two families against each other in a trivia contest whose correct answers are...
Crisis Preparedness Month: 5 Risk Management Areas to Address
Sep 7, 2021 | Business Continuity, Business Resiliency, Incident Reponse, Pandemic Planning, Supply Chain
On a normal day when life is going well, no one wants to think about disasters. Committing time and budget to crisis preparedness can be a hard sell for businesses facing priorities that feel more immediate. Yet investing in preparation in advance is how you keep a...
Cybersecurity Resources: Do Your Part
Sep 2, 2021 | Data & Cybersecurity
With less than one month to go until Cybersecurity Awareness Month, the National Cybersecurity Alliance hosted a conversation between Bryan Smith, Section Chief, Cyber Criminal Section, Federal Bureau of Investigation, and Mitchel Chang, SVP of Corporate Social...
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