Blog

Continuous Monitoring of Critical Vendors

by Sabine Zimmer | June 11, 2020 | Third Party Risk Management

Organizations that make continuous monitoring of critical vendors a part of their holistic and life-cycle based risk management program more frequently achieve business objectives. Jaymin Desai (TPRM Offering Manager at One Trust), Nasser Fattah (US Steering Committee Vice-Chair, Shared Assessments, ....

5G Security Needs Rethinking, Quickly

by Sabine Zimmer | June 10, 2020 | Best Practices, Data & Cybersecurity, Third Party Risk Management

As the race to implement fifth generation wireless (5G) intensifies, we should take a brief pause to address common misperceptions that could create major cybersecurity challenges among trading partners as well as from a national defense standpoint. 5G Security needs understanding and rethinking, qu ....

virtual blog

Moving From On-Site to Virtual Assessments

by Brad Keller | June 3, 2020 | Third Party Risk Management, Virtual Assessment

I remember when I first understood the impact that the COVID-19 pandemic was going to have on the world of third party risk management - it's when the need to move towards virtual assessments became apparent.  I was at a meeting in Phoenix in early March and a colleague had just finished a quick ca ....

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Changes to CCPA Further Protect Individuals

by Sabine Zimmer | May 21, 2020 | Big Data, Data, Data & Cybersecurity, Data Protection

Changes to CCPA (California Consumer Protection Act) point to the question "how should our society approach the collection versus protection of personal information?"    In her book, The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power, Shoshana ....

cloud

Cloud Security Providers Webinar Summary

May 18, 2020 | Cloud Computing, Data & Cybersecurity

"Get Off My Cloud" was the third session in a six-part webinar series offered by Shared Assessments in partnership with OneTrust covering best practices in regard to Cloud Security Providers.   The series, “Optimizing Your TPRM Program,” runs through July 2020 and covers a broad range of topic ....

shoes 1

TPRM and COVID-19 - The Next Shoe to Drop: Actually, it’s Potentially an Avalanche of Shoes

by Sabine Zimmer | May 13, 2020 | Business Continuity, Business Resiliency, Incident Reponse, Pandemic Planning, Supply Chain

After 16 years as a risk leader at Deutsche Bank, Victor Meyer recently joined Supply Wisdom as the COO. Supply Wisdom®️ is a real-time and continuous risk intelligence and monitoring solution that covers 14 categories of third party and location risks across over 300 risk parameters. A former US ....

cloud finance

Regulatory Consistency in Cloud Due Diligence Guidance

by Sabine Zimmer | May 7, 2020 | Data & Cybersecurity, Public Policy, Third Party Risk Management

This blogpost covers Regulatory Consistency in Cloud Due Diligence Guidance - particularly important right now because as changes to third party risk management accelerate in a COVID 19 environment, organizations already considering increased use of the cloud will most likely be further motivated b ....

new narrative

Guide to Cybersecurity: Information Security Needs a New Narrative

by Sabine Zimmer | May 6, 2020 | Data & Cybersecurity, Information Security

Many companies have a fundamental information security problem, according to the co-authors of the A Leader’s Guide to Cybersecurity (Harvard Business Review Press, 2019). Those organizations pay too much attention to network and system vulnerabilities and too little attention to identifying and a ....

financial health

Third Party Financial Health A Leading Indicator for All Areas of Risk

by Charlie Miller | May 5, 2020 | Third Party Risk Management, Vendor Risk Management

Complexity and uncertainty in the supply chain have increased exponentially in recent months leading to higher risk related to all aspects of third parties and supply chains. With the economic downturn expected to continue due to the destabilizing impacts of COVID-19, members of the Shared Assessmen ....

SIG Privacy

Pre-Summit Workshops – Simply SIG and Point-By-Point Privacy

by Sabine Zimmer | April 29, 2020 | Data Governance Tools, News And Events, Shared Assessments Summit, Standardized Information Gathering (SIG)

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, Shared Assessments) cultivate ....

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