SCA: The Go-To Tool For Virtual Risk Assessments
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by Colleen Milazzo | November 16, 2021 | Standardized Control Assessment (SCA), Tools & Templates
On March 11, 2020, the World Health Organization (WHO) declared COVID-19 a pandemic. That spring, organizations were forced to transition an in-person workforce to a remote workforce. This fall, risk management programs continue to “reimagine how and where work will get done.” While some risk…
Facebook Outage: Human Element is the Most Vulnerable Element
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by Ron Bradley | October 5, 2021 | Data & Cybersecurity
Facebook and its app family (including Instagram and WhatsApp) seemingly disappeared from the internet for over five hours on Monday. The outage impacted more than 3. 5 billion users worldwide who use Facebook and related platforms to connect with friends and family, to drive business…
The Next Generation of Third Party Risk
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May 26, 2015 | Cyber Risk, Cybersecurity, Data & Cybersecurity, Risk, Risk Management
As a follow up to the 8th annual Shared Assessments Summit, the themes of governance continued to focus on third party risk, when I conducted a webinar hosted by the New York Stock Exchange (NYSE) Governance services and sponsored by Prevalent. The focus on third…
Assurance Processes to Address Fourth Party & Subcontracting Risks
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July 29, 2014 | Risk
Part III of a IV part series In part II of the four part blog series, Regulators Expectations for Third Party Risk Management, I focused on governance and oversight structures for each phase of the third party relationship lifecycle. Today, I am going to take…
Be Wary of All of the New “Experts” in Third Party Risk Management
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April 2, 2014 | Risk Management, Third Party Risk
With the recent increased focus of the regulatory agencies and standards bodies on third party risk management, the market is being flooded with companies offering to provide solutions in this area. The Shared Assessments Program has been focused on third party risk issues since the…