Last week was an active week of discussion on issues facing financial services companies. I presented at the 40th annual Roundtable for ISACA’s MN Chapter on The Next Generation of Third-Party Risk Management and attended Deluxe Exchange 2015, where an...
The industry is in a state of high alert concerning third party risk in 2015. In fact, Booz Allen Hamilton moved third party risk to the top of the list of cyber security trends for financial services to “guard against”...
PRESS RELEASE Contact: Lisa MacKenzie, MacKenzie Marketing Group, 503-705-3508, lisam@mackenzie-marketing.com or Kelly Stremel, kellys@mackenzie-marketing.com Updated for 2015: Tools Designed to Manage Third Party Risk Shared Assessments Program Tools Empower Vendor Management Confidence Santa Fe, NM — January 14, 2015 —...
Ok, so you did everything right… you sent your vendor a Standard Information Gathering (SIG) scoped based on data and service type, you analyzed the responses, decided to perform an on-site assessment using the Agreed Upon Procedure (AUP), and helped...
In my previous blog, The SIG – The Swiss Army Knife of Risk Assessment, I commented on the versatility of the SIG, the Shared Assessments Program’s Standardized Information Gathering questionnaire. This month I want to discuss its complementary, on-site assessment...
In 2005, the Shared Assessments program was born to serve the financial services industry and its major service providers. The intent was to achieve economies of scale by sharing the expense and time in conducting on-site assessments. A group representing...
