The Shared Assessments Program and global consulting firm and Member, Protiviti, teamed up last month to present the second annual Vendor Risk Management Benchmark Study. This year’s results, accompanied by additional analyses, highlighted that a substantial number of respondents reported they do not have any process in place to support significant Vendor Risk Component activities.
This short video provides a snapshot of the current industry landscape and what can be done to keep third party risk management programs from stagnating in 2016.