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 ....

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Release of the 2016 Vendor Risk Management Benchmark Study

July 15, 2016 | Survey, Third Party Risk, Third Party Risk Management, Vendor Risk, Vendor Risk Management

The Shared Assessments Program, in collaboration with Protiviti, is conducting our third annual benchmarking study on the components of a comprehensive vendor risk management program. We invite you to take part in this survey. The survey should take only 5-10 minutes for you to complete. You do ....

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 ....

2016 Tone at the Top and Third Party Risk: Upcoming Report from the Ponemon Institute and Shared Assessments

April 27, 2016 | Corporate Culture, Larry Ponemon, Ponemon Institute, Research And Publications, Third Party Risk, Tone at the Top

The Shared Assessments Program sponsored a new study, conducted by the Ponemon Institute, which explores the role of executives in the risk management process in order to determine the role of Tone at the Top in minimizing business risks within organizations. The new report, Tone at the Top and Thir ....

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Will anticipatory compliance be the next best practice?

February 16, 2016 | Compliance, Third Party Oversight, Third Party Risk, Vendor Risk, Vendor Risk Management

I was recently invited to speak on a panel regarding third party risk strategies for the Securities Industry and Financial Markets Association's (SIFMA) Internal Auditors Society. While there, I had the opportunity to meet and hear from two individuals who are well known and respected in their relat ....

Updated 2016 Shared Assessments Program Tools

February 10, 2016 | Agreed Upon Procedures (AUP), Program Tools, 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)

Tools for Collaborative Efficiency in Today’s High Risk Environment Shared Assessments Program Tools are designed for the dynamic global landscape of third party risk management. Our members face complex oversight issues for which the Shared Assessments community provides up-to-date, innovative a ....

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