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Using TPRM Best Practices to Improve M&A Due Diligence & Outcomes

Cybersecurity – The Weak Link in M&A Due Diligence? Cybersecurity has become one of the biggest risks in business today, but in M&A due diligence of the risks associated with cyber the cyber supply chain and the successful integration of IT within target organisations has been woefully overlooked. This is borne out by research, including…

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Supply Wisdom To Offer Free Global COVID-19 Real-Time & Continuous Alerts

Subscribe to Real-Time COVID-19 Risk Alerts Supply Wisdom – providers of real-time and continuous Third-party and Location Risk intelligence and monitoring – are providing free access to their global alerting system focused on COVID-19. All of the COVID-19 alerts that Supply Wisdom has issued to date as well as those that will be issued in…

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Maintaining “Business As Usual” through COVID-19 – A letter from our Managing Director

Remote Working Strategy to Support our Staff and Customers  In response to the latest guidance from the British Government and NHS regarding COVID-19, DVV Solutions have, like many businesses, activated our remote working strategy across the organisation. We have taken this decision primarily in the interests of ensuring the safety of our employees and their…

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The 7 Essential Disciplines of Third-Party Risk Management Programs

In an era when corporations commonly have hundreds and sometimes hundreds of thousands of third-party suppliers, managing the risk these third parties represent is no small task yet has become essential for corporate success. Obviously in these circumstances, your third-party risk-management (TPRM) program becomes critical to ensure operational continuity and possibly even financial survival. But…

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Risk Management & Natural Disasters – Mother Nature, The Ultimate Regulator

Headlines like “Coronavirus Outbreak,” “Killer Cyclone”, “Catastrophic Bushfires”, and “Deadly Earthquake” are happening with alarming and increasing frequency. Unfortunately what were “once-in-a-century disasters” are taking place with frightening regularity. Extreme weather, infectious diseases, natural disasters and climate action failure are among the most destructive, impactful, and at the same time, most likely to occur global…

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Responding to Coronavirus Disease 2019 (COVID-19): Business Continuity & Resilience

With the current reaction to the Coronavirus epidemic in the US, you might be surprised to know that the CDC’s current goal of mitigation involves slowing down the spread of infection so that the epidemic lasts longer. That’s right, the CDC actually wants to spread out, the spread of this disease. Though on the surface…

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What is “Cyber Risk” in Third-Party Cyber Risk Management?

Continuing NormShield’s blog series on third-party cyber risk management, this article’s topic is Cyber Risk. In a digital world, organisations are exposed to a range of risks resulting from cyber events like phishing, data theft, ransomware, corporate espionage, etc… What’s more, these events might happen beyond the company’s knowledge. Within a company ecosystem, the effect…

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What is “Third-Party” in Third-Party Risk Management?

Businesses rely on Third-Parties to deliver a service or product to their customers. In a tightly-linked digital world, Third-Parties are indispensable and inherently risky elements of a digital ecosystem. Before going deep into the risks they pose to the business, we need to understand the definition and be able to identify the ones critical to…

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Monitoring Third-Parties Continuously – A NIST Perspective

NIST released two industry standards to drive security requirements around supply-chain (a.k.a third-party) management. Here’s an overview of the NIST guidelines regarding continuous third-party risk monitoring. NIST 800-53 NIST 800-53 Security and Privacy Controls for Federal Information Systems and Organisations sets out guidelines and controls for protecting the government’s sensitive information as well as citizens’ personal information…

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ProcessUnity Expands Vendor Risk Management Software with New Best Practices Configuration

New Out-of-the-Box Configuration Provides Quick-to-Deploy, Comprehensive Solution for Third-Party Risk Management DVV Solutions automation partner ProcessUnity has launched a new pre-built configuration of its award-winning Vendor Risk Management solution. Best Practices Configuration for ProcessUnity Vendor Risk Management (VRM) is a pre-configured Third-Party Risk Management program with turn-key workflows, assessments, calculations, risk analysis and reporting, allowing…

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