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 - Framework, Industry Guidance, and Regulations

Framework, Industry Guidance, and Regulations

WEF Global Risks Report: Resources and Reflections

Introduction It’s the last day of the World Economic Forum Annual Meeting in Davos, Switzerland. Some of us would really like to be there for the skiing. But seriously and professionally, the meeting and related Global Risks Report have relevance...

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Framework, Industry Guidance, and Regulations

The European Union AI Act: Empowering Innovation, Ensuring Ethics Through A Risk-Based Approach

What is AI? What is this new law? Artificial Intelligence (AI) is a novel and emerging technology designed to perform tasks that typically require human intelligence including learning, problem-solving, reasoning, and perception. AI emulates human cognitive functions and, in some...

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Framework, Industry Guidance, and Regulations

New Integrated Third-Party Risk Management Guidance from the OCC, Federal Reserve, and FDIC

Regulators have developed “principles-based guidance that provides a flexible, risk-based approach to third-party risk management that can be adjusted to the unique circumstances of each third-party relationship.” On June 6th, less than 20 months after comments closed, the Federal Reserve,...

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Framework, Industry Guidance, and Regulations

Coherent Corporate Sustainability Due Diligence and Reporting Frameworks Are Arriving In the EU…

and...Third Party Risk Managers Everywhere Should Pay Attention! Third-party risk managers should be paying attention to important ESG regulatory developments in the European Union, where two pieces of regulation became effective within the last month and one more may be...

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Framework, Industry Guidance, and Regulations

Spotlight on the Gramm-Leach-Bliley Act (GLBA)

Last week Bob Maley, Chief Security Officer at Black Kite and I led a Fireside Chat discussion on the current regulatory landscape regarding privacy and security. While state laws continue to advance and there is momentum for a Federal U.S....

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Framework, Industry Guidance, and Regulations

What HIPAA Misses: Healthcare’s Patient Privacy Issue

Data privacy is a fraught subject in any industry. But in healthcare, the stakes are especially high. Many consumers have made (at least some degree of) peace with trading personal data for the convenience of entertainment offered by their favorite...

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