Blog

Explore our blogs for the latest insights, tips, and best practices in third-party risk management. Stay informed and protect your organization by navigating the complexities of third-party relationships with confidence. Read on to enhance your risk management strategy!

Blog Category - Best Practices

Best Practices, Cybersecurity

Preventing Ransomware Attacks – 4 Steps

Shared Assessments' Vice President Tom Garrubba and Senior Advisor Charlie Miller have been digging deep into ransomware risk trends. This pair hosted a webinar detailing trends and strategies for dealing with these devastating attacks on your organization, suppliers and vendors....

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Best Practices

Partnering with Procurement for Success

Procurement is essential to most businesses. Obtaining outsourced goods and services for the organization at the best possible value from vetted vendors drives business success. As risk is pervasive in sourcing and the supply chain, Risk Management and Procurement need...

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Best Practices

Horizon Scanning, Predictive Analytics & Risk Operations Center – An Overview

Risk Operations Centers provide a single, centralized resource point for risk and resiliency governance. When incorporated into organizational governance regimes they can provide real-time, ongoing horizon scanning and predictive information. To be practical, there must be the capacity to receive,...

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Best Practices

Your Reputation Is Your Wealth

Imagine cracking open a fortune cookie and finding this sage advice on the paper slip: “Your reputation is your wealth.”   A recent Shared Assessments’ Operational/Industrial Technology Risk Management Working Group meeting cracked open this cookie as they examined reputation...

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Best Practices

How to Prevent Third Party Risk Management from Running Aground

Before the massive container ship Ever Given was dislodged from the banks of the Suez Canal, the event captured global attention and triggered enlightening refresher courses on supply chain risks, logistics innovations, scenario planning, maritime risks, politics, history and even...

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Best Practices

Crisis Management and Communications: Prepared Makes Perfect

While the scope and nature of an organizational emergency is hard to predict, between the COVID pandemic, the SolarWinds Cyberattack and innumerable ransomware attacks, modern times demonstrate that emergencies are guaranteed to arise. “In today’s fast-moving, electronic world, your reputation...

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