The Shared Assessments Program 2017 Strategic Risk Management Initiative

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The Shared Assessments Program 2017 Strategic Risk Management Initiative

April 11, 2017 | Best Practices, Business Resiliency, Certified Third Party Risk Professional (CTPRP), Cybersecurity, Education and Training, Framework, Outsourcing, Risk, Risk Management, Security, Third Party Risk, Third Party Risk Management, Vendor Risk Management

The Shared Assessments Program is the only organization that has uniquely positioned and developed standardized resources for managing the complete third party relationship lifecycle. Such standardization is critical to the advancement of effective, secure third party controls and risk management in ....

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Setting Expectations for Your Third Parties

March 14, 2017 | Best Practices, Business Resiliency, Education and Training, Outsourcing, Risk, Risk Management, Security, Third Party Risk, Third Party Risk Management, Vendor Risk Management

Risk Rating During On-Boarding Including third party risk rating as a strategic part of a robust risk management program provides the opportunity for early identification of the wide range of issues that ripple through both regulated and unregulated industries wherever outsourcing is present. Sco ....

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Building Your TPRM Program

January 25, 2017 | Best Practices, Business Resiliency, Education and Training, Outsourcing, Risk Management, Third Party Risk Management, Vendor Risk Management

PwC’s report highlighting monitoring of vendor networks by means of supply chain risk analytics focuses on the fact that the volume and transactions of outsourcing amplify risk. “The increasing severity of consequences for regulatory violations by vendors in complex global supply chains is match ....

You Can’t Build a Robust Risk Management Program Without the Right Skills

October 16, 2016 | Certified Third Party Risk Professional (CTPRP), Data, Data Protection, Education and Training, Risk Professionals, Third Party Risk, Third Party Risk Management

The intricate third party risk management (TPRM) lifecycle requires coordinated and well-integrated knowledge from the Board and C-Suite through management and general staff, and extends throughout the relationship with third and fourth parties. The complex elements of a robust TPRM program involve ....

Education Increasingly Important in Third Party Risk Management

October 7, 2016 | Certification, Certified Third Party Risk Professional (CTPRP), Risk Professionals

Who does your organization trust to assess key service providers with access to your confidential and proprietary data? Specialized skills and expertise are required to manage risk in a rapidly evolving outsourced economy. Certifications are an important way to demonstrate competency in a complicate ....

A New Pathway for Risk Managers – Associate Certified Third Party Risk Professional (CTPRP) Status is Now Available

by Sabine Zimmer | September 15, 2016 | Certification, Certified Third Party Risk Professional (CTPRP), Cyber Skills, Third Party Risk, Third Party Risk Management

Special expertise and training is required to manage risk in this outsourced economy. Studies consistently demonstrate a disconnect between regulatory and industry standards for third party risk management (TPRM) and a lack of holistic, proactive program design and implementation. This gap is placin ....

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