This post covers current requests for TPRM Regulatory Input. Once in a blue moon a regulatory organization will proactively reach out to the broader community for help addressing important issues whose resolution could have a substantially – positive impact for...
Research And Publications
Is Your Third-Party Risk Management Program Ready for What’s Next?
If the people who keep you in business go under, what happens to you? This is the single most important question that risk management leaders must answer with regard to their third parties and supply chain partners considering today’s COVID-19 pandemic...
TPRM: An Attractive M&A Due Diligence Ally
Mergers and acquisitions are an increasingly prominent feature of the corporate landscape, ranging from asset purchase, to acquisition, to merger of equals. Problematic transactions that capture press/shareholder attention frequently share a common condition - the...
How To Win (More) Third Party Risk Resources and Influence Colleagues
Although he was referring to troop levels, George Washington demonstrated more than a little budgeting savvy when he wrote that “we must consult our means rather than our wishes.” While third party risk management (TPRM) leaders would do well to heed that (founding)...
Shared Assessments Releases New Standards for Performing Standardized Control Assessments
Shared Assessments has released new Standards for Performing a Standardized Control Assessment (SCA). The Standards were developed during the past year by a task force comprised of Steering Committee members and staff, and were repeatedly vetted with senior...
5 Steps to Take Now to Protect Against Emerging IoT Threats
Shared Assessment’s just published Ponemon research report The Internet of Things (IoT): A new Era of Third Party Risk provides a great snapshot of current IoT Risk management both within an organization’s four walls and with the third parties that so often support...
Shared Assessments 2016 – Strengthening Best Practices and Building Community
Shared Assessments finished the 2016 year with 85 new members, a 25% increase over 2015. We closed out the year with a total of 226 members, showing continuing year-over-year growth in the commitment of organizations to improving third party risk management and...
2016 Tone at the Top and Third Party Risk: Upcoming Report from the Ponemon Institute and Shared Assessments
The Shared Assessments Program sponsored a new study, conducted by the Ponemon Institute, which explores the role of executives in the risk management process in order to determine the role of Tone at the Top in minimizing business risks within organizations. The new...