Authorities on Risk Assurance

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Viewing Category: Third Party Oversight

Third Party IoT Security: Interpreting Survey Results in the Context of a Shifting Security Paradigm

Published on July 17, 2017 By | Posted in: Cyber Attacks, Data Protection, Internet of Things (IoT), News, Third Party Oversight, Third Party Risk, Vendor Risk Managment, Vendor Security, Vendor Threat

Shared Assessment’s just published Ponemon research report The Internet of Things (IoT): A new Era of Third Party Risk provides a great snapshot of current IoT Risk management both within an organization’s four walls and with the third parties that so often support mission critical activities. Many of the report’s findings are troublesome: the lack […]

Will anticipatory compliance be the next best practice?

Published on February 16, 2016 By | Posted in: Blog, Compliance, Huffington Post, Third Party Oversight, Third Party Risk, Vendor Risk, Vendor Risk Managment

I was recently invited to speak on a panel regarding third party risk strategies for the Securities Industry and Financial Markets Association’s (SIFMA) Internal Auditors Society. While there, I had the opportunity to meet and hear from two individuals who are well known and respected in their related fields: former US Attorney General John Ashcroft […]

The Critical Need for Third-Party and Supply-Chain Management

Published on February 10, 2015 By | Posted in: Supply Chain, Third Party Oversight

The need for businesses to develop, implement and expand risk based strategies across their supply chains has never been more critical. Widespread environmental disasters, political turmoil, social unrest and the plethora of recent information security blunders have ever-increasing potential to cripple – even destroy – otherwise healthy businesses. This is especially true for companies that […]

The New Normal is Now: Third Party Service Provider Oversight

Published on March 17, 2014 By | Posted in: Third Party Oversight

THE NEW NORMAL is here and I am not talking about the television show. I am talking about Third Party Service Provider (TPSP) oversight. The OCC Bulletin 2013-29; provides updated guidance to financial institutions that they must create and implement an oversight and risk management plan for supervising all of their third party service providers. […]

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