blog 09

Strengthening Third Party Risk Management with Agnostic Program Tools

December 14, 2016 | Agreed Upon Procedures (AUP), Press Release, Program Tools, Risk Assessment, Risk Management, Shared Assessments, Standardized Information Gathering (SIG), Third Party Risk, Third Party Risk Management, Tone at the Top, Tools & Templates, Vendor Risk, Vendor Risk Management, Vendor Risk Management Maturity Model (VRMMM), Vendor Security

Third party mishaps resulting in breaches and other newsworthy events continue to drive home the need for improved risk management program capabilities in all verticals. From planning for engagement, through due diligence and vendor selection, contract negotiations, ongoing and continuous monitoring ....

Updated for 2017: Tools Specifically Designed to Manage Third Party Risk

November 29, 2016 | Agreed Upon Procedures (AUP), News, Press Release, Program Tools, Risk Assessment, Risk Management, Shared Assessments, Standardized Information Gathering (SIG), Third Party Risk, Third Party Risk Management, Tools & Templates, Vendor Risk, Vendor Risk Management, Vendor Risk Management Maturity Model (VRMMM), Vendor Security

PRESS RELEASE Contact: Marya Roddis Vice President of Communications marya@santa-fe-group.com  505-466-6434 Updated for 2017: Tools Specifically Designed to Manage Third Party Risk Shared Assessments Program Tools Empower Risk Management Confidence Santa Fe, NM — November 29, 2016 — The S ....

blog 01

Demonstrating the Increased Maturity of Third Party Risk Management Programs – 2016 Benchmark Study

by Sabine Zimmer | November 29, 2016 | Risk Management, Shared Assessments, Third Party Risk, Third Party Risk Management

The Shared Assessments Program and Protiviti, Inc., a Shared Assessments member organization, have completed the 2016 Vendor Risk Management Benchmark Study, the third annual study in this series. This year’s study shows, for the first time, that companies appear to have reached a positive turning ....

Casting the Net for Third Party Risk

July 26, 2016 | Agreed Upon Procedures (AUP), Program Tools, Regulatory Compliance, Risk Management, Shared Assessments, Third Party Risk, Third Party Risk Management

The summer of 2016 has been one of media challenges, and breaking records for heat waves across many states. Slow moving boats, relaxing fishing in normal idyllic mid-summer breaks have been swept aside by a flurry of activity within the sea of third party risk. This past week in Boston, the Share ....

OCC Statement Release

July 15, 2016 | Office of the Comptroller of the Currency (OCC), Public Policy, Risk, Risk Management

The Office of the Comptroller of the Currency’s Office of Enterprise Risk Management released its statement this week on its National Risk Committee’s Semiannual Risk Perspective for Spring 2016. The report examines risks facing national banks and federal savings associations and highlights the ....

Wrestling with Vendor & Incident Response Management

May 18, 2016 | Business Continuity, Corporate Culture, Incident Reponse, Risk Management, Shared Assessments, Shared Assessments Summit, Third Party Risk, Third Party Risk Management, Tone at the Top

I’m sitting in the bleachers watching my sophomore son wrestle in an all-day varsity tournament. As the bodies tangle, each wrestler is looking to expose and act on their opponent’s vulnerability. As I thought about strategy I realized this process is similar to managing vendor risk. This week ....

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