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Viewing Category: Risk Assessment

Internet of Things (IoT) and Third-Party Risk

Published on July 9, 2017 By | Posted in: Compliance, Internet of Things (IoT), Larry Ponemon, News, Ponemon Institute, Risk Assessment, Risk Management, Third Party Risk

In our digital age, everything is connected. Cars can drive themselves, Planes can fly themselves, and your Refrigerator can use the internet to tell you if you are out of milk and eggs when you are at the grocery store. The era of connectivity and immediacy of data has created a new worldwide web out […]

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 […]

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 marya@santa-fe-group.com  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 […]

Is a New Certification Program the Key to Reducing Third Party Risk?

Published on June 26, 2015 By | Posted in: Certified Third Party Risk Professional (CTPRP) program, Data Breach, Newsletter, Risk, Risk Assessment, Third Party Risk, Third Party Risk Management

Hacker data breaches that exploit vulnerable third party vendors dominate news headlines, boardroom discussions, and C-suite meeting agendas. As a result of the proliferation of such attacks, it has become increasingly imperative for organizations to ensure successful evaluation, monitoring, and management of third party service providers that have access to systems and sensitive data. Such […]

How to Manage New Risks; Learn From Experts at the 2015 Shared Assessments Summit

Published on January 26, 2015 By | Posted in: Event, Risk Assessment, Risk Management, Shared Assessments Summit, Third Party Risk, Third Party Risk Management, Vendor Assessment

Now in its eighth year, the Annual Shared Assessments Summit brings together senior executives who will share best practices and the latest insights on managing third party risk. The theme of the 2015 Summit will be Third Party Risk Assurance: Everything Old is New Again. Click here to register. Over the last 18 months, organizations […]

There’s Plenty of Support for Smaller Banks to Address Third Party Risk

Published on April 18, 2014 By | Posted in: Risk Assessment, Third Party Risk

The need for community banks to be particularly attentive to third party risks was underscored yesterday in a speech by the Controller of the Currency’s Thomas Curry. Smaller institutions tend to be more dependent on third parties for IT services. Curry noted that reliance on third parties for IT services can be “particularly problematic for […]

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