News & Analysis as of

Third-Party Risk Vendors Risk Management

Baker Donelson

Best Practices for Protecting Operations from Vendor's Cyber Incidents

Baker Donelson on

In the aftermath of a vendor's hack that crippled an industry, ensure your business is up to date on best practices for mitigating the risks of third-party cyber incidents. Many businesses struggle to adequately consider the...more

Health Care Compliance Association (HCCA)

What's wrong with this company?

I’m not talking about your organization. I’m talking about that company in your vendor master files. A recent report from Moody’s found some downright silly attributes about shell companies. One that jumped out at me was the...more

Mitratech Holdings, Inc

[Event] Interact 2023 - October 2nd - 5th, New Orleans, LA

Interact is BACK and coming to you live this October from the historic French Quarter of New Orleans! Last year’s event may have been named a finalist for Engage Media's 2022 "Best Brand Experience,” but this year, we’re...more

Thomas Fox - Compliance Evangelist

Innovation in Compliance - Improving Third - Party Risk Management with Paul Valente

In today’s interconnected world, businesses rely on third-party vendors for various products and services. While these partnerships bring great benefits, they also expose companies to a range of risks, such as cyber threats,...more

Mitratech Holdings, Inc

Strategies for Effective Third-Party Risk Management

Mitratech Holdings, Inc on

Effective Third-Party Risk Management (TPRM) is all about understanding that working with any third-party vendor or supplier carries an inherent risk. Across all industries, organizations are faced with a two-fold...more

NAVEX

[Webinar] Compliance Program Challenges & Solutions Deminar Series - August 22nd - 26th, 8:30 am - 11:00 am PDT

NAVEX on

In this series, for the first time ever, you will hear the NAVEX philosophy and best practices directly from our executive team, alongside solution experts who will demo the NAVEX One platform in action. Join to learn how to...more

U.S. Legal Support

[Webinar] Culture of Confidentiality: How to ensure your external vendors are mitigating cybersecurity risk - July 20th, 10:00 am...

U.S. Legal Support on

Despite strengthening security across and beyond the business, many legal organizations overlook a critical vulnerability with surprising frequency – the risk presented by third parties. Cybersecurity risk is further...more

Mitratech Holdings, Inc

[Event] Interact 2022 - August 14th - 17th, Nashville, TN

Exclusive roadmap reveals, immersive Q&A with top product & industry experts, live product demos, electrifying presentations, co-innovation opportunities, and so much more— all coming to you live from the heart of Nashville,...more

NAVEX

Third-Party Breaches Highlight Importance of Managing Risk

NAVEX on

Recent incidents of cyberattacks impacting major organizations through exploited weaknesses in third-party relationships have highlighted the importance of holistic third-party risk management, creating an opportunity to...more

Mitratech Holdings, Inc

What is a Vendor Risk Assessment?

We recently dove into what vendor risk and vendor risk management entails. Once you understand that this is the risk that results from vendors, it’s simple to extend this and establish that vendor risk assessment (VRA), or...more

Mitratech Holdings, Inc

What is Vendor Risk & Vendor Risk Management (VRM)?

Vendor risk management (VRM), or third-party risk management, is the management, monitoring, and evaluation of risks that result from third-party vendors and suppliers of products and services. It’s a crucial initiative...more

Ankura

[Webinar] Vendor Risk Management in the Modern Economy - July 28th, 1:00 pm - 2:00 pm EST

Ankura on

Organizations are becoming increasingly reliant on external parties to manage parts of their business, including their critical and sensitive data. While the specialized expertise and economies of scale that third parties and...more

Ankura

5 Best Practices for Third Party Risk Management

Ankura on

Organizations are becoming increasingly reliant on external parties to manage parts of their business. The centralized knowledge, expertise, and economies of scale that third parties provide enables organizations to focus...more

American Conference Institute (ACI)

[Virtual Conference] Practical Guide to FCPA Data Analytics - July 19th - 20th, 1:00 pm - 5:15 pm EDT

ACI’s Practical Guide to FCPA Data Analytics will take place on July 19 – 20, 2021 (EDT). This is a uniquely interactive event on how to harness data analytics, AI and machine learning for FCPA compliance, investigations and...more

NAVEX

Third-Party Risk Management: 5 Reasons to Monitor Cybersecurity Risk in Real Time

NAVEX on

In today’s business landscape, it is nearly impossible to work alone. You have to collaborate with clients, vendors, suppliers, specialists, and plenty of other partners all considered third parties to your organization. As a...more

Robinson & Cole LLP

Running a Successful COVID-19 Testing Program: Considerations for Employers Using Third-Party Vendors

Robinson & Cole LLP on

As COVID-19 cases continue to surge, many employers have implemented a variety of safeguards to limit the spread of COVID-19 in their workplaces. One safeguard being utilized is a COVID-19 testing program. As a preliminary...more

Health Care Compliance Association (HCCA)

[Virtual Event] 2021 Virtual Regional Healthcare Compliance Conference - Atlanta, GA - January 22nd, 8:25 am - 5:30 pm EST

Our Virtual Regional Healthcare Compliance Conferences provide updates on the latest news in regulatory requirement, compliance enforcement, and strategies to develop effective compliance programs. Watch, listen, and ask...more

Mitratech Holdings, Inc

The Case for Decentralized Third-Party Risk Management

As we now enter the third quarter of our discontent with the Coronavirus worldwide pandemic, one thing is very clear: Centralized vendor risk management is imploding....more

Mitratech Holdings, Inc

Aligning Vendor Risk Management to US Department of Justice Expectations

In June 2020, the US Department of Justice Criminal Division (DOJ) released an updated “Evaluation of Corporate Compliance Programs” notification. Our (and maybe your) first reaction upon hearing of this doctrine was likely,...more

NAVEX

3 Ways to Minimize Third-Party Risk in Vendor Relationships

NAVEX on

From small businesses to enterprise companies, third-parties have long formed an intricate, but critical web that supports business functions. Cloud-based technology, payroll and accounting, shipping, ecommerce and of course...more

Reveal

The eDiscovery Impostor and How to Spot Them

Reveal on

“To err is human,” but in an industry as seemingly driven by precision as eDiscovery, errors are all too common. Yes, mistakes are going to happen. Which is why we can fall back on processes and procedures to ensure that even...more

Thomas Fox - Compliance Evangelist

The Dutch Tulip Bubble and Internal Controls for Third Parties

Internal controls are a key tool to operationalize your third-party risk management program. The basic internal controls, that should be a part of any financial controls system. There were four significant controls the...more

Dechert LLP

OCIE Publishes Risk Alert regarding Safeguarding of Customer Information Stored on Cloud and Other Network Storage Solutions

Dechert LLP on

The U.S. Securities and Exchange Commission’s Office of Compliance Inspections and Examinations issued a National Exam Program Risk Alert on May 23, 2019, which identifies security risks and best practices associated with the...more

The Volkov Law Group

Addressing AML Risks in Your Third-Party and Vendor/Supplier Relationships (Part II of III)

The Volkov Law Group on

Global companies should incorporate AML risks into their risk analysis of their third-party distributors, agents and other intermediaries. The basic questionnaire, due diligence risk analysis, contractual provisions,...more

The Volkov Law Group

Coordinating Third Party Due Diligence and Procurement

The Volkov Law Group on

Third party risk management is easily one of the most challenging risks for compliance officers. With all the attention and hype surrounding third party risk, companies have marshaled attention and resources to mitigate the...more

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