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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 ....

Tools That Empower Vendor Management ConfidenceShared Assessments responds directly to the dynamic landscape of third party risk management with the annual update of its Program Tools. The Tools serve organizations, regardless of size and industry, helping them navigate the constantly evolving lands ....

The three federal banking regulatory agencies, the Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, announced an advance notice of proposed rulemaking (ANPR) regarding enhanced cyber risk management standards for large and interconn ....

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 ....

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 ....

As more organizations here in North America and overseas increasingly utilize third party vendors with a global presence to perform critical functions, process key transactions and provide exposure to sensitive proprietary information, those organizations with mature third party risk (TPR) programs ....