Blog

Explore our blogs for the latest insights, tips, and best practices in third-party risk management. Stay informed and protect your organization by navigating the complexities of third-party relationships with confidence. Read on to enhance your risk management strategy!

Shared Assessments

Shared Assessments member Prevalent Networks, announced the release of the Prevalent Vendor Risk Manager (PVRM)

Shared Assessments member Prevalent Networks, announced the release of their flagship solution, Prevalent Vendor Risk Manager (PVRM), which leverages Shared Assessment content for controls-based assessment, schedule regular vendor risk evaluations, and obtain risk scoring per vendor against a set standard....

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Framework, Industry Guidance, and Regulations, Shared Assessments

Pivot Point Security, discusses Shared Assessments on their Information Security Blog

Shared Assessments member, Pivot Point Security, recently discussed Shared Assessments on their Information Security blog. The blog discusses the benefits of Pivot Point Security's involvement as a participating member and the various aspects of our Program.

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Framework, Industry Guidance, and Regulations, Risk Landscape

The Consumer Financial Protection Bureau (CFPB) – New Releases on “Unfair” Debt Collection Practices

On July 12, 2013, the Consumer Financial Protection Bureau (CFPB) updated its definitions regarding what constitutes an "unfair" practice by a debt collector under the Fair Debt Collection Practices Act (FDCPA). ((Consumer Financial Protection Bureau (CFPB), Fair Debt Collections Practices Act....

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Best Practices, Risk Landscape

Why Risk Management Matters

Risk is a tricky thing. Without it, growth is impossible. But it’s not just about taking more risks, it’s about understanding and controlling the risks you take. Entrepreneurs’ biggest threats take many forms, including strategic, operational, financial and compliance risks....

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Framework, Industry Guidance, and Regulations

CFPB: What is New Regulator’s Role?

The Consumer Financial Protection Bureau, established under Dodd-Frank, is the newest member of the Federal Financial Institutions Examination Council. What that means for some U.S. banking institutions is an additional layer of regulatory oversight. But how are the CFPB's policies...

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Risk Landscape

What Price Reputation?

Talk about a teaching moment! The theft of highly classified information from the National Security Agency by Booz Allen Hamilton employee Edward Snowden brings front and center issues that outsourcers and their service providers face every day: Do I have...

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Risk Landscape

Impact of Third Party Risk Management on Data Breach Costs

While there are often significant non-financial benefits to understanding your vendors’ controls, many executives are still “fuzzy” on why they need a third party or vendor risk management program. Generally, an organization outsources a business function to a service provider...

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Risk Landscape

Examiners’ Growing Misuse of ‘Reputation Risk’

After the recent downturn, examiners have been placing more emphasis on reputation risk. This emphasis, however, is being applied paternalistically, in a way that is limiting legitimate transactions.

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Best Practices

Continuous Vigilance: The New Norm for Globalizing Companies

“Its more fun to be a pirate, than to join the Navy,” - Steve Jobs Global sourcing has developed into an intricate web of complex professional relationships that span oceans and continents alike, as companies seek to optimize their operations...

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Best Practices, Risk Landscape

BYOD: The Why And The How

Today's organizations struggle with providing employees with access to the latest technologies. It's common practice for employees to use their own devices at work for a number of reasons. Some believe BYOD is the answer to a lot of problems,...

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Best Practices

Risk Management: Establishing a Positive Culture of Opportunity

As companies strive to strengthen their organizations through the outsourcing of products and services, close attention must also be paid to the additional risk implications of these practices. One issue emblematic of these additional risks is the increasingly common practice...

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Risk Landscape

Welcome to Authorities on Assurance

As a leader in third party risk management, the Shared Assessments Program welcomes you to Authorities on Assurance. Our blog will feature discussions on current issues, trends and challenges in third party risk assurance from the perspective of the people...

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