Key Factors Underlying Third-Party Risk Management
The shift from office-based work to working from home that characterized 2020’s adaptation to COVID-19 lockdowns, has seen soaring digital risks stemming from mishandled third-party risk management. This at a time where reliance on third-party service providers is so pervasive that the Institute of Collaborative Working estimates that up to ... Read More
9 Elements Required for an Effective Third Party Risk Management Framework
The increasing reliance on third-party vendors has opened a set of risks that requires a new approach to implementing efficient Third-Party Risk Management (TPRM). Third-party vendors such as payment gateways, web plugins, email servers, and countless others typically work with multiple companies at a time. Consequently preventing the next supply-chain ... Read More
