2020 has brought unique risk challenges that have significantly shifted the focus of risk managers. New operational risks emerged with the pandemic, with major shifts to work from home security and service availability issues, vendor stability, and socioeconomic...
Tools & Templates
Response to the Shifting Risk Landscape
In a changing Risk Landscape, Shared Assessments is busy putting the final touches on the 2021 Third Party Risk Management Toolkit, set to launch September 29, 2020. The toolkit is responsive to the events of 2020 – a global pandemic, shutdowns and a shift to a...
Shared Assessments Standardized Controls Assessment: the “Swiss-Army Knife” in Your Assessment Toolbox
The Shared Assessments’ Standardized Controls Assessment (Standardized Controls Assessments was previously known as the Shared Assessments’ Agreed Upon Procedure – or “AUP”) is acquiring a reputation of having utility similar to the famous Swiss army knife; a penknife...
Pre-Summit Workshops – Simply SIG and Point-By-Point Privacy
Day 2, Pre-Summit. From early morning until noon, SIG Toolkit Training – Covering all the Basics workshop was alive with metaphors (and a few practical jokes). Workshop leaders Christopher Campbell (Manager, Sales, Shared Assessments) and Tom Garrubba (Vice President,...
TPRM: An Attractive M&A Due Diligence Ally
Mergers and acquisitions are an increasingly prominent feature of the corporate landscape, ranging from asset purchase, to acquisition, to merger of equals. Problematic transactions that capture press/shareholder attention frequently share a common condition - the...
Little Red Riding Hood and The Big Bad Data
Everything in security boils down to data. Often, you are protecting private, sensitive or valuable data. You use data about data (Metadata). You monitor data about how people use your data (Security Events). You gather data on data in order to focus your attention...
2020 Perspectives: Change, Fortune and Frame(works)
In 1964, the average tenure of companies on the S&P 500 was 33 years. In 2016, that average tenure decreased to 24 years. By 2027, according to the consulting firm Innosight, companies will remain on the S&P 500 for an average of only 12 years. This “corporate...
Dynamic Due Diligence – TPRM Framework Module 6
While at first glance the topic of due diligence may appear to be a stodgy one, the reality of a rapidly changing risk landscape and the evolution of due diligence techniques suggests that the opposite is true. The latest section of the Shared Assessments Third Party...
Shared Assessments Best Practices Guide and New Visual Tools Help Practitioners Demonstrate TPRM Program Value
Third party risk management practitioners today work in an environment rife with conflicting demands. Mounting pressure for speedy vendor onboarding is occurring in an environment that is facing escalating regulatory requirements, even in industries where in the past...
2020 Shared Assessments Third Party Risk Management Toolkit
Shared Assessments has released its updated 2020 Third Party Risk Management (TPRM) Toolkit which supports organizations in their vendor risk management efforts, regardless of size and industry. The Toolkit elements help both Outsourcers and third party providers meet...