With the publication of OCC Bulletin 2013-29 as well as numerous recent breaches involving vendors a perfect storm of awareness has arisen not only in the financial services industry but many others as well. The inevitable result will be an...
While last week my news feeds on social media showed an avalanche of humorous ice bucket challenges, it sparked a comparison to me of the recent Avalanche of Regulation Infographic published by the American Bankers Association (ABA). The burden of...
The attention to People and Process is lagging far behind In reviewing the recent plethora of data breach stories, I am beginning to see a pattern here. While many companies answer to breaches with more and more technology, it...
Part II in a IV part series As I outlined in part one in this four part blog series entitled, Regulators Expectations for Third Party Risk Management, organizations need to deploy a risk-based approach when developing their third party oversight...
Part I in a series In less than eighteen months, there has been more industry guidance and updated regulations regarding third party risk than at any other juncture in the evolution of governance within the financial services industry. Media attention...
Key Findings from the Shared Assessments and Protiviti, Benchmarking Study by Brad Keller, SVP and Program Director,The Santa Fe Group/Shared Assessments & Rocco Grillo, Managing Director, Protiviti As the volume of outsourced products and services has surged in recent years,...
