Audit Board

JANUARY 11, 2023

SolarWinds, Log4j, Kaseya: All are security incidents that have been in the headlines over the past several years; all are security incidents that resulted from third-party breaches. The frequency and severity of third-party breaches are on the rise: 90% of organizations were impacted by a supply chain cybersecurity breach in 2022.

Compliance 52

Compliance 52

Audit Board

AUGUST 15, 2022

Third-party risks change as the business changes. Security breaches, new contracts, and changes in internal risk ownership — to name a few examples — can all impact the performance of a third-party risk management program (TPRM). Compliance certifications and reports.

Compliance 52

Compliance 52

Audit Board

SEPTEMBER 14, 2023

The importance of robust vendor risk management, or “VRM”, practices has been illustrated by a number of cyberattacks and data breaches that have originated from vendors and gone on to significantly impact the organizations using their services. What is Vendor Risk?

Compliance 52

Compliance Start-ups Accounting Firms Technology 52

Audit Board

SEPTEMBER 9, 2022

Vendor vulnerabilities continue to plague many industries and teams are struggling to manage the associated risk volatility. A strong third-party risk management (TPRM) program can help alleviate the impact of related risks. Trends and Approaches for Handling Third-Party Risk Management.

Start-ups 52

Start-ups Compliance Banking 52

Audit Board

APRIL 20, 2023

Deloitte’s 2022 Global Third-Party Risk Management Survey showed that 73% of respondents have a moderate to high level of dependence on cloud service providers (CSPs) — which is expected to increase to 88% in the years ahead. Third-party risk is real and growing. The truth underlying these statistics?

Specific Risk 52

Specific Risk Technology Compliance 52