Welcome to your weekly roundup of risk and compliance management resources, brought to you by Ncontracts.
This edition covers topics including:
Vendor monitoring is a regulatory requirement for financial institutions, but examiners leave it up to each institution to determine its own policies and programs. So what does an effective, risk-based approach to monitoring your third parties look like? Explore 11 areas to track, plus take a closer look at the importance of cyber monitoring.
Discover some of our most popular articles on business continuity management, disaster recovery, and operational resilience.
Business continuity — like other risk and compliance functions — needs to be assessed, measured, and monitored. Review best practices for preparing for the unexpected and successfully navigating and recovering from disruptions, including insights on applying FFIEC guidance.
Protecting your institution’s critical systems and infrastructure requires a plan for understanding your assets, analyzing business impact, and setting recovery objectives. Explore steps for developing a disaster recovery (DR) plan as part of a comprehensive business continuity program.
Need to test your business continuity plan (BCP)? Tabletop exercises help teams walk through a potential disruption or emergency scenario and evaluate the completeness and viability of their BCP. Get recommendations on steps to include in a tabletop test to ensure your plan is workable and up to date.