Effective third-party risk management recognizes that vendor relationships bring both value and potential risk exposure. That’s why integrated risk management — coordinating efforts and…
What Is Third-Party Risk Management? Third-party risk management (TPRM) involves creating a framework of policies, processes, and tools to manage and monitor the risk…
Establishing an effective governance, risk, and compliance (GRC) program can be a difficult task. Developing an enterprise-wide approach that encompasses third-party relationships adds even…
The rise of remote-first organizations in the wake of the COVID-19 pandemic introduced new challenges. With personnel working from home, the demand for strategies…
As organizations navigate a changing risk landscape, having an established culture of governance and compliance is crucial for successful third-party risk management (TPRM). To…