Third Party Thursday - September 21, 2023
Can you believe the first official day of fall is only two days away??Head into the new season with a solid understanding of what's happening in the third-party risk management world. Check out recent articles, informative resources, community happenings, and upcoming webinars all below!
The impacts of third-party data breaches are widespread. A hotel and casino company learns a third-party breach can cost millions of dollars. Third-party breaches can also compromise customer data and wallets and can leak sensitive information. The White House is trying to establish standardized cybersecurity regulations to help prevent these attacks.
Due diligence is a crucial step in third-party risk management, especially as new sanctions come out against Russia-affiliated organizations and state privacy laws become more stringent. Even regulations on landlords can impact financial institutions that don’t do the proper checks on properties. Failure to complete due diligence can lead to costly regulatory fines. Be sure to check out all of this week’s news and headlines!
Infographic: The Differences Between Vendor Assessments, Questionnaires, Due Diligence, and Continuous Monitoring
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.
领英推荐
Differences Between Vendor SOC Reports
Do you need to verify that your vendor has the right internal controls to protect your data? Reviewing a SOC document is a good place to start. But how do you know which type of document to request? Join us for this session where we’ll cover the basics of vendor SOC reports.
October 3, 2023 | Basic | 11am ET?| Register Now
Your Vendor's SOC Report: What and How to Review
In this webinar, an expert will help you identify which type of SOC reports you need and the benefits of a thorough vendor SOC report review. We will explore the various sections of a SOC report and guide you on what to look for and how to assess the risks.?
October 5, 2023 | Intermediate | 2pm ET | Register Now
Understanding the Elements of Your Vendor's Cybersecurity Program
Join us for this webinar, presented by an expert in information security and third-party risk management. We'll explain which vendors require cybersecurity reviews and when and how to do them, as well as what to do in the event of a data breach or other cyber incident.
October 17, 2023 | Basic | 2pm ET | Register Now
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