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Building Your TPRM Program – Part 2: 11 Essential Activities to Implement in your Third Party Risk Management Program

Published on March 6, 2017 By | Posted in: News

This is part two of a two-part series created in response to an increasing number of member requests for foundational concepts that support Boards and executive managers as they work to define, design and implement evidence-based Third Party Risk Management (TRPM) programs. This second part provides starting-point approaches and essential focus areas for an organization […]

Shared Assessments 2016 – Strengthening Best Practices and Building Community

Published on January 17, 2017 By | Posted in: News

Shared Assessments finished the 2016 year with 85 new members, a 25% increase over 2015. We closed out the year with a total of 226 members, showing continuing year-over-year growth in the commitment of organizations to improving third party risk management and advancing best practices worldwide. We’ve come a long way together since Shared Assessments […]

Smart Cities Incorporate Solid Third Party Risk Assurance

Published on January 3, 2017 By | Posted in: Government, News, State and Local, Third Party Risk Management

Local government liability exposure is far-flung and both large and small municipalities are vulnerable. As the landscape of risk has evolved, not only facilities and service delivery risk management come into play. Now in-house and third party management is essential for risk areas that include cybersecurity, IT, privacy, data security and business resiliency controls. The […]

Updated for 2017: Tools Specifically Designed to Manage Third Party Risk

Published on November 29, 2016 By | Posted in: Agreed Upon Procedures (AUP), News, Press Release, Program Tools, Risk Assessment, Risk Management, Shared Assessments, Standardized Information Gathering (SIG), Third Party Risk, Third Party Risk Management, Vendor Risk, Vendor Risk Management Maturity Model (VRMMM), Vendor Risk Managment, Vendor Security

PRESS RELEASE Contact: Marya Roddis Vice President of Communications  505-466-6434 Updated for 2017: Tools Specifically Designed to Manage Third Party Risk Shared Assessments Program Tools Empower Risk Management Confidence Santa Fe, NM — November 29, 2016 — The Shared Assessments Program, the member-driven trusted source in third party risk assurance, announces the release of […]

EU’s GDPR and the EU-US Privacy Shield: Where Are We and Why Are We There?

Published on May 31, 2016 By | Posted in: EU, General Data Protection Regulation (GDPR), News, Newsletter, Privacy, Privacy Shield

The past month has seen two major developments on the privacy front that will have worldwide consequences for entities that handle personal data. Except for the final implementation date, we knew what to expect from the latest iteration of EU data protection language. However, no preview was forthcoming regarding the contents of the eagerly awaited […]

Starwood Breach Not Isolated

Published on November 23, 2015 By | Posted in: Data Breach, News, PII

Tracy Kitten, Executive Editor for Bank Info Security, today released an article about the recent Starwood breach. In the article, Tracy discusses how this incident may not be isolated and that “fraud patterns indicate that another, perhaps larger, breach is impacting cards across the country” Click here to read the full article.

Are You Effectively Managing Your Compliance Documentation?

Published on November 20, 2015 By | Posted in: News

By Susan Eilefson, Deluxe Corporation Reposted with permission. Originally posted on Deluxe Blogs. As the Compliance Enablement Documentation Specialist in the Business Risk & Compliance Department at Deluxe Corporation, one of my key responsibilities is to ensure that all of our documentation will stand the scrutiny of external auditors. All departmental documentation – written policies, […]

Building Your Breach Resistance First Line of Defense

Published on November 2, 2015 By | Posted in: News

By Doug Pollack, ID Experts Originally posted on the ID Experts blog. Reposted with permission. Cyber-attacks and the resulting data breaches are all over the headlines. Just this year, we’ve seen the Anthem breach (80 million individuals affected), a billion-dollar cyber-heist that affected up to 100 banks worldwide, the OPM data breach (21.5 million people […]

When a Data Breach Occurs, Will Your FI be Ready to Respond Effectively?

Published on October 19, 2015 By | Posted in: News

October is National Cyber Security Awareness Month (NCSAM) — a collaborative effort among government organizations, businesses of all sizes, educational institutions, nonprofits, and consumers to ensure everyone has the resources they need to be safe online. For financial institutions, it’s a reminder to prepare or update your cyber safety and response plan, not only for […]

Building Breach Resistance in Your Business Partners

Published on October 11, 2015 By | Posted in: News

By: Jeremy Henley, ID Experts Originally posted on the ID Experts blog. Reposted with permission. According to the Ponemon Institute’s 2014 Global Report on the Cost of Cybercrime, a quarter of organizations worldwide fail to meet their own security requirements. If your organization is one of that 25 percent, given the surging rate of cybercrime, […]

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