Rethink Your Third-Party Risk Strategy in an Uncertain World
DO YOU KNOW IF YOUR VENDORS ARE MEETING REQUIRED SECURITY AND PRIVACY OBLIGATIONS?
Dave Schmoeller
Director of Program Architecture & Product Solutions at Reciprocity
As organizations begin to recover from the pandemic, third-party risk management (TPRM) is more important than ever. Faced with supply chain disruption and cyber threats, businesses are re-assessing their dependence on partners and taking a closer look at risks they introduce.
How you identify and manage the risks of working with third parties is critical — your compliance, revenue, and company reputation are dependent on all parties fulfilling their contractual, security and privacy obligations. Yet, managing the risk associated with your partners is increasingly challenging.
In this session, you will get the following key takeaways:
How you identify and manage the risks of working with third parties is critical — your compliance, revenue, and company reputation are dependent on all parties fulfilling their contractual, security and privacy obligations. Yet, managing the risk associated with your partners is increasingly challenging.
In this session, you will get the following key takeaways:
- Market dynamics driving the risk vs. opportunity balance
- 5 key considerations to better identify, manage and mitigate third party risk
- Real world examples of improving TPRM visibility and efficiency
Duration: 60 minutes