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Leading Third Party Risk Summit – Celebrating Our 10th Year

Published on May 10, 2017 By | Posted in: Blog, CTPRP Training, Cybersecurity, Event, Guidance, Larry Ponemon, News, Newsletter, Shared Assessments Summit, Third Party Risk Management

. Shared Assessments Program Summit Addresses Digital Transformation As organizations embrace the opportunities afforded by digital technologies, they are facing a business ecosystem that will be forever transformed. The 10th Annual Summit includes pre-Summit workshops and is designed as a comprehensive opportunity for learning, networking and sharing around third party risk. We’ve devoted the week […]

Failed Risk Controls – The Wells Fargo Saga, Part Two

Published on April 17, 2017 By | Posted in: Blog, Board of Directors, Tone at the Top, Wells Fargo

By: Bob Jones, Senior Advisor, The Santa Fe Group, Shared Assessments Program and Gary Roboff, Senior Advisor, The Santa Fe Group, Shared Assessments Program. The Sales Practices Report released by the Board of Wells Fargo on April 10th provides an extraordinary behind the scenes look at the breakdown of risk control processes at one of […]

Press Release: 2016 Shared Assessments-Protiviti Benchmark Study

Published on December 20, 2016 By | Posted in: Benchmark Study, Blog, Press Release, Third Party Risk, Third Party Risk Management, Vendor Risk, Vendor Risk Managment, Vendor Security

MEDIA CONTACT: Marya Roddis, Vice President of Communications O: 505-466-6434 C: 575-235-8228 marya@santa-fe-group.com 2016 Shared Assessments-Protiviti Benchmark Study Demonstrating the Increased Maturity of Third Party Risk Management Programs Santa Fe, NM – December 20, 2016 – The member-driven Shared Assessments Program and Protiviti, Inc., a Shared Assessments member organization, are pleased to announce the release […]

Strengthening Third Party Risk Management with Agnostic Program Tools

Published on December 14, 2016 By | Posted in: Agreed Upon Procedures (AUP), Blog, Newsletter, Press Release, Program Tools, Risk Assessment, Risk Management, Shared Assessments, Standardized Information Gathering (SIG), Third Party Risk, Third Party Risk Management, Tone at the Top, Vendor Risk, Vendor Risk Management Maturity Model (VRMMM), Vendor Risk Managment, Vendor Security

Third party mishaps resulting in breaches and other newsworthy events continue to drive home the need for improved risk management program capabilities in all verticals. From planning for engagement, through due diligence and vendor selection, contract negotiations, ongoing and continuous monitoring and through termination, the Program Tools helps organizations effectively manage the critical components of […]

Demonstrating the Increased Maturity of Third Party Risk Management Programs – 2016 Benchmark Study

Published on November 29, 2016 By | Posted in: Benchmark Study, Benchmark Study, Blog, Board's, Newsletter, Risk Management, Shared Assessments, Third Party Risk, Third Party Risk Management

The Shared Assessments Program and Protiviti, Inc., a Shared Assessments member organization, have completed the 2016 Vendor Risk Management Benchmark Study, the third annual study in this series. This year’s study shows, for the first time, that companies appear to have reached a positive turning point with regard to managing third party risks. Data from […]

Shared Assessments Updated 2017 Program Tools

Published on November 1, 2016 By | Posted in: Blog, Program Tools, Shared Assessments, Third Party Risk, Third Party Risk Management, Vendor Risk, Vendor Risk Managment

Tools That Empower Vendor Management Confidence Shared Assessments responds directly to the dynamic landscape of third party risk management with the annual update of its Program Tools. The Tools serve organizations, regardless of size and industry, helping them navigate the constantly evolving landscape of cyber and other security threats at both the national and international […]

Tone At The Top: Culture Counts — The Wells Fargo Saga

Published on October 31, 2016 By | Posted in: Blog, Board of Directors, Huffington Post, Tone at the Top, Wells Fargo

“Tone at the Top” has become an often-quoted mantra in business circles but it appears to have shed a rather dim light when evidenced by the continuing saga at Wells Fargo. In a nutshell – in case you haven’t followed the recent news reports – the San Francisco-based bank recently fired over five thousand employees […]

You Can’t Build a Robust Risk Management Program Without the Right Skills

Published on October 16, 2016 By | Posted in: Blog, Certified Third Party Risk Professional (CTPRP) program, Data, Data Protection, Education, Newsletter, Third Party Risk, Third Party Risk Management

The intricate third party risk management (TPRM) lifecycle requires coordinated and well-integrated knowledge from the Board and C-Suite through management and general staff, and extends throughout the relationship with third and fourth parties. The complex elements of a robust TPRM program involve effective design, control and monitoring of policies and processes, third party and system […]

G-7 Financial Sector Fundamental Cybersecurity Guidance

Published on October 14, 2016 By | Posted in: Blog, Cybersecurity, Guidance

This week the U.S. Department of the Treasury and the Board of Governors of the Federal Reserve System announced the publication of the G-7 Fundamental Elements of Cybersecurity for the Financial Sector. The document, released by central bank governors and finance ministers of the G-7 nations, delineates eight fundamental elements around cybersecurity for the financial […]

At the Heart of the Cyber Security Skills Shortage

Published on September 7, 2016 By | Posted in: Blog, Cyber Attacks, Cybersecurity, Hacking

Three recent studies demonstrate that organizational and IT department leadership sit squarely at odds with several important challenges to improving IT-related risk postures: Predictions that organizations do not plan to increase the level on hand security expertise; A well-documented and looming shortage of cybersecurity and IT professionals; and Just 18% of employers reported willingness to […]

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