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 - Contracts

Contracts, Third Party Risk Management

Effective Vendor Contracts For TPRM

How do you develop effective vendor contracts that keep pace with changing threats? This blogpost answers this question and is derived from Shared Assessments’ November 17, 2020 webinar on the topic.  This discussion points to flexibility, the most crucial approach...

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Contracts, Third Party Risk Management

Enhancing Third Party Provider Risk Management Through Aligning the Contracting, Security and Diligence Functions

As the founder of a law firm and two cybersecurity firms, my clients often reach out to me to manage technology contracts that have cybersecurity and privacy implications. My clients span the small with minimal processes to larger firms with...

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Contracts, Third Party Risk Management

Good Responses to Bad Contracts

Most third party risk managers eventually deal with bad vendor contracts. In most cases, these  contracts – which lack important provisions or no longer conform to regulatory requirements or organizational guidelines – pose significant risks to the organization. Many of...

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Contracts, Third Party Risk Management

Third Parties, Contracts and Brown M&Ms

While walking outside on my way to an early meeting, between sips of coffee I was additionally jarred awake by a passing car with the music of Van Halen blaring through the speakers. As a fan of “early” Van Halen,...

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