Banking industry body outlines recommendations for third-party risk management

The Consumer Bankers Association has released recommendations aimed at strengthening third-party risk management practices as financial institutions face increasing reliance on external vendors, technology providers and outsourcing partners. The recommendations emphasise the need for a more risk-based and proportionate approach Read More …

VendRespect launches cybersecurity scoring system for digital risk assessment

Cybersecurity solutions provider VendRespect has introduced an advanced cybersecurity scoring system designed to help organisations assess and manage digital risk more effectively in an increasingly complex threat environment. The new platform aims to provide businesses with a measurable view of Read More …

Aravo Launches ‘Aravo AI’ to Automate Third-Party Risk Workflows

Aravo has introduced ‘Aravo AI’, a new solution designed to automate third-party risk management workflows and enhance enterprise risk oversight. According to the report, the platform leverages artificial intelligence to streamline vendor risk assessment, due diligence, and ongoing monitoring processes. Read More …

HSCC Issues Guidance to Address Third-Party AI Risk in Healthcare

The Health Sector Coordinating Council (HSCC) has released new guidance aimed at helping healthcare organisations manage risks associated with third-party artificial intelligence (AI) solutions. According to the report, the guidance focuses on strengthening oversight of external vendors providing AI-driven tools Read More …

Black Kite Expands Cyber Risk Platform with Financial Risk Modelling

Black Kite has enhanced its third-party cyber risk assessment platform by introducing financial risk modelling capabilities, marking a significant step towards quantifying cyber risk in monetary terms. The development aims to help organisations better understand the potential financial impact of Read More …

AI Blind Spots Raise New Concerns in Vendor Risk Management

Emerging risks linked to artificial intelligence are creating new blind spots in vendor risk management, particularly as organisations increasingly depend on third-party technology providers. The evolving threat landscape is making it more challenging for firms to maintain visibility and control Read More …

FortifyData unveils AI-powered solutions to transform third-party risk management

FortifyData, a provider of enterprise risk and compliance technology, has launched a suite of artificial intelligence-driven tools designed to revolutionise how organisations manage third-party risk, streamline audits and automate workflow processes. At the core of the offering are two flagship Read More …

Online job-scams now pose enterprise network risks, warns security expert

Online job scams are evolving from consumer nuisances into significant enterprise-network risks, according to security commentary by Suparna Goswami for BankInfoSecurity. The scams typically start with a seemingly legitimate recruitment approach—fake job offers, spoofed corporate-career pages, or disguised “interview” links—that Read More …

ProcessUnity wins award for innovation in third-party risk management

ProcessUnity has been awarded the Most Innovative Third-Party Risk Management title at the 2025 Top InfoSec Awards hosted by Cyber Defense Magazine. The recognition highlights the company’s cutting-edge solutions in identifying, assessing, and mitigating third-party risks across complex vendor ecosystems. Read More …