April 8, 2015 | Third Party Risk, Third Party Risk Management
So, you just walked out of a meeting with the C-suite and you've been tasked to implement a new program across the organization. You get back into your office and reality sets in as you mumble to yourself, "How do I start this?" I have been getting this question for years from professionals tasked ....
April 2, 2015 | Compliance, Privacy, Risk Management, Third Party Risk
The usage of social media has shifted with customer adoption. The growth of applications and consumers joining the social media bandwagon has influenced how consumers leverage technology; interact with friends, family and coworkers, and purchase with brands they trust. Pew Research Center estimated ....
March 2, 2015 | Third Party Risk, Third Party Risk Management
Banks have an opportunity to not only specify and assess controls, but also inspire a strategic and robust approach to risk management. Over the past year, the OCC, the FRB, and the FDIC have all released updated guidance on managing third party risk. One focus of this guidance is the identificatio ....
February 5, 2015 | Board of Directors, Third Party Risk, Third Party Risk Management
Catherine A. Allen, Chairman and CEO, The Santa Fe Group, sat down with Erica Salmon Byrne, NYSE This Week in the Boardroom, to discuss the impact third parties can have on overall organizational brand and reputation. In addition, Catherine discussed the board's role in third-party risk assessment. ....
January 26, 2015 | Event, Risk Assessment, Risk Management, Third Party Risk, Third Party Risk Management, Vendor Assessment
Now in its eighth year, the Annual Shared Assessments Summit brings together senior executives who will share best practices and the latest insights on managing third party risk. The theme of the 2015 Summit will be Third Party Risk Assurance: Everything Old is New Again. Click here to register. O ....
December 15, 2014 | Third Party Risk
As an executive manager or member of your company’s board of directors, third-party risk management should be top of mind. Here are five things you need to know: 1. Contracts are no longer enough to protect the business. Contracts are incredibly important, however, they do not provide the vis ....