Vendor Risk Management (VRM) or Third-Party Risk Management (TPRM) is emerging as a key focus area for the Enterprise Risk Management team in the recent years. Mitigation of Third-party Risk is becoming increasingly challenging given the interconnected Business environment. Also, Read More …
Tag: Vendor Risk Management
RegTech Interventions in Vendor Risk Management
Your vendors are likely your biggest cyber security risk
As speed of business increases, more and more organizations are looking to either buy companies or outsource more services to gain market advantage. With organizations expanding their vendor base, there is a critical need for holistic third-party risk management (TPRM) and comprehensive Read More …
Practical tips to minimize third-party vendor risks to your business
Businesses across most industries are becoming increasingly reliant on third-party vendors to support critical business functions, but with the granting of access to a business’s internal networks comes cyber risks and data breach threats. In fact, more than 50% of Read More …
Top Ten Vendor Risk Management Trends for 2022
As we move into 2022, the pandemic persists and security needs increase. You’re probably already assessing the security controls of your top third party vendors through a TPRM program, but the third party risk surface keeps expanding at lightning speed. Are Read More …