April 17, 2017 | Board of Directors, Corporate Culture, Tone at the Top
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 brea ....
by Sabine Zimmer | February 23, 2017 | Corporate Culture, Corporate Reporting
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 ....
December 14, 2016 | Agreed Upon Procedures (AUP), Press Release, Program Tools, Risk Assessment, Risk Management, Shared Assessments, Standardized Information Gathering (SIG), Third Party Risk, Third Party Risk Management, Tone at the Top, Tools & Templates, Vendor Risk, Vendor Risk Management, Vendor Risk Management Maturity Model (VRMMM), Vendor Security
Third party mishaps resulting in breaches and other newsworthy events continue to drive home the need for improved risk management program capabilities in all verticals. From planning for engagement, through due diligence and vendor selection, contract negotiations, ongoing and continuous monitoring ....
October 31, 2016 | Board of Directors, Tone at the Top
“Tone at the Top” has become an often-quoted mantra in business circles but it appears to have shed a rather dim light when evidenced by the continuing saga at Wells Fargo. In a nutshell - in case you haven’t followed the recent news reports - the San Francisco-based bank recently fired over f ....
June 9, 2016 | Banking and Financial Services, Compliance, Corporate Culture, Industry Verticals, Office of the Comptroller of the Currency (OCC)
The Office of Comptroller of the Currency (OCC) initiated a working group in 2015 to begin to assess the evolution of technology and innovation in financial services, resulting in publication of a white paper at end of Q1, and requested industry comments on strategic questions. The dialog will conti ....
May 18, 2016 | Business Continuity, Corporate Culture, Incident Reponse, Risk Management, Shared Assessments, Shared Assessments Summit, Third Party Risk, Third Party Risk Management, Tone at the Top
I’m sitting in the bleachers watching my sophomore son wrestle in an all-day varsity tournament. As the bodies tangle, each wrestler is looking to expose and act on their opponent’s vulnerability. As I thought about strategy I realized this process is similar to managing vendor risk. This week ....