Third Party Thursday - March 9, 2023
Looking for an easy way to catch up on third-party risk management this week? Check out third-party risk management news, resources, community happenings, and upcoming webinars below.
It's here! The White House’s National Cybersecurity Strategy, meant to help curb the rise of cyberattacks, is officially released. Use these tips to help improve hospital safety and cybersecurity. Learn more about why cybersecurity resiliency is critical.
FinCEN warns of an increase in check fraud. Insurers’ third parties should comply with regulatory requirements. There are lessons learned from a recent FTC complaint settlement. The past few months, Microsoft OneNote has become a tool of choice for hackers to breach corporate networks. Read up on all of the latest news and more.
Check out the recently released content.
eBook: Creating Your Third-Party Risk Management Program: A Step-By-Step Guide
Blog: Standard Questions to Determine if a Vendor Is Critical
Blog: 4 Third-Party Document Collection Efficiencies
On-Demand Webinar: Managing Your Vendor's Performance: Why It Matters and How to Do It
Whitepaper: State of Third-Party Risk Management 2023
Check out the latest discussions in our complimentary online community dedicated to third-party risk professionals. Visit www.thirdpartythinktank.com to register and sign in.
- Enterprise Resource Planning (ERP) and Enterprise Solutions: "How are others scoping and conducting assessments for enterprise solutions, such as big name ERP solutions?" Help Answer
- W9 Best Practice: "Once an initial W9 is obtained from the vendor, should we request one again after a specific year?" Help Answer
- Business Continuity/Disaster Recovery Contractual Remedies: "What does everyone do regarding contractual remedies when a third party doesn't meet the BC/DR standards that were agreed upon?" Help Answer
Vendor Onboarding: How to Do It Correctly
An organization's vendor onboarding process should allow for identification of the right partner and is critical to the success of this future relationship. So, what does effective onboarding look like? In this webinar, learn more about finding new vendors and their subsequent onboarding.
March 14, 2023 | Intermediate | 2pm ET | Register Now
Beyond the Basics: Strategies to Mature Your Vendor Risk Management Program
You have the foundation for your vendor risk management program in place, so what are your next steps? Join us for this comprehensive webinar to learn more about vendor risk management program maturity and how to get there. From governance documents, to program maturity roadmaps, and more!
March 23, 2023 | Intermediate | 11am ET | Register Now
Vendor Financial Red Flags Your Credit Union Should Watch For
As part of TPRM, you should periodically review your vendor's financial statements and monitor financial performance. To protect your credit union, you'll learn some red flags to watch for related to financial health so you can take the appropriate action to reduce that risk.
March 30, 2023 | Basic | 2pm ET | Register Now
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