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supplychain

Internal Auditors Target Third Party Risks

by Sabine Zimmer | March 30, 2020 | Business Continuity, Supply Chain

Despite the unexpected timing, nature and magnitude of the pandemic and its many challenges, a crucial line of risk management appears to have been prepared to provide assurance of organizational resilience capabilities before the coronavirus (COVID-19) struck. Business continuity management (BCM) a ....

MA 1

TPRM: An Attractive M&A Due Diligence Ally

by Sabine Zimmer | March 24, 2020 | Best Practices, Research And Publications, Third Party Risk Management, Tools & Templates

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 failure by the purchaser to detect ....

fundamentals

Third Party Risk Management Programme Fundamentals Webinar Summary

by Sabine Zimmer | March 24, 2020 | News And Events, Third Party Risk Management, Webinar

On Thursday, March 16, Shared Assessments launched its six-part webinar series “Optimizing Your TPRM Program” in partnership with OneTrust. The series runs through July 2020 and covers a broad range of topics. Scheduled to occur once a month on Thursdays at 2:00 PM GMT, the webinars fit into the ....

certified

Certified Career Enhancer

by Brad Keller | March 16, 2020 | Certification, Certified Third Party Risk Professional (CTPRP), Education and Training, Risk Professionals

Seeking a promotion or a new job?  The Certified Third Party Risk Professional (CTPRP) designation is worth considering.   In a recent survey of CTPRP designees, 80 percent of respondents reported that the CTPRP training improved their ability to fulfill their job duties. 47 percent of respo ....

mother nature

Mother Nature, The Ultimate Regulator

by Sabine Zimmer | March 12, 2020 | Business Continuity, Business Resiliency, Incident Reponse, Pandemic Planning

Headlines like “Coronavirus Outbreak,” “Killer Cyclone”, “Catastrophic Bushfires”, and “Deadly Earthquake” are happening with alarming and increasing frequency. Unfortunately what were “once-in-a-century disasters” are taking place with frightening regularity. Extreme weather, in ....

supply chain lesson

A Lesson In Supply Chain Risk

by Sabine Zimmer | March 12, 2020 | Pandemic Planning, Supply Chain

Shared Assessments’ Founder and Chairman Of The Board Catherine Allen lends a level-headed look at COVID-19’s impact on the Supply Chain.  Allen considers the impacts of COVID-19 on the supply chain in the short-term and long-term and the broader economic implications of a potential pandemic.  ....

covid supplychain

Strengthening Your Supply Chain - The Case For Risk Assessments 

by Sabine Zimmer | March 12, 2020 | Business Continuity, Pandemic Planning, Supply Chain

While Coronavirus has yet to run its course, COVID-19 already demonstrates a clear lesson in supply chain risk.  Whether reasonable or reactionary, today’s empty supermarket shelves and plunging markets indicate that supply chains are being impacted by COVID-19.  This moment points to the need f ....

aerospace

Ransomware Brings Turbulence To The Aerospace Sector

by Sabine Zimmer | March 5, 2020 | Data & Cybersecurity, Data Breach

February’s cyberattack on aerospace precision parts manufacturer Visser Precision in Denver, Colorado brings about new pressures on the supply chain brought on by DoppelPaymer ransomware.   Rather than encrypting a victim organization’s data and demanding a ransom to unlock the stolen dat ....

Little Red Bad Data

Little Red Riding Hood and The Big Bad Data

by Sabine Zimmer | February 25, 2020 | Data, Tools & Templates

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 (Security Alerts). You need data a ....

Trends in Cybersecurity

by Sabine Zimmer | February 24, 2020 | Cybersecurity, Data & Cybersecurity

In 2020, it will be critical for organizations to understand their third parties’ ability to protect against new threats. It used to be that regulations forced Financial Services sector to care the most about third party cybersecurity risks. Now, evolving threats such as Ransomware, Supply Chain B ....

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