12th October 2020
Conducting a due diligence process for vendors or third-parties can be cumbersome in today’s digital environment. Unfortunately, these entities are the weakest elements of a digital ecosystem. Regardless of a company’s size or sector, business leaders should take on a rigorous vendor due diligence process, with a proactive defense mindset. According to IBM’s Cost of…
LEARN MORE8th October 2020
The Shared Assessments Third Party Risk Management Toolkit was built by member practitioners, for practitioners. Leveraging diverse industry experience and relationship perspective, the toolkit embodies a “Trust, but Verify” approach based on vetted, standardised methodology. Shared Assessments’ updated 2021 Third Party Risk Management (TPRM) Toolkit is responsive to recent events. A global pandemic, shutdowns…
LEARN MORE26th August 2020
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….
LEARN MORE25th August 2020
The title says it all – Gartner has again recognised DVV Solutions’ technology partner ProcessUnity as a Leader in the 2020 Gartner Magic Quadrant for IT Vendor Risk Management Tools. This week, Gartner published both the 2020 Magic Quadrant [1] and Critical Capabilities [2] for IT Vendor Risk Management Tools. We are extremely excited to report…
LEARN MORE17th July 2020
In today’s ever-changing environment, businesses rely on third-parties to help drive their core-activities. This dependence makes third parties, sometimes referred to as “suppliers” or “vendors”, an organic part of business processes. Recent breaches affecting Amca, CenturyLink, Capital One, Facebook, and Twitter all originated from a third-party website or platform supplier. These breaches cause thousands, and…
LEARN MORE14th July 2020
More than two-thirds of companies are cutting corners when it comes to understanding inherent risk within their third-party due diligence It is no secret that inherent risk assessments are crucial to third-party risk management success, but are they being conducted? During a recent IT GRC webinar, Automating Your Third-Party Risk Management Program, attendees were asked…
LEARN MORE30th June 2020
As the only strategy report in the cyber space providing guidance from a technical, financial, and compliance perspective the NormShield Strategy Report provides a clear and concise guide to reduce cyber risk mitigation and remediation into one single report of actionable steps. We all know effective risk management starts with an effective risk model….
LEARN MORE22nd June 2020
As the only in-house cyber risk ticketing platform, NormShield Ticketing automates workflow to remediate continuous cyber risk monitoring issues. Here is why ticketing is effective in third-party risk management (TPRM) and how NormShield’s new system can help. Businesses strive to be more organised, focused and efficient. This productivity has a direct impact on costs,…
LEARN MORE8th June 2020
DVV Solution Security Ratings Partner, BitSight, has announced the full agenda for its first-ever “BitSight Xperience” virtual event, taking place on June 23, 2020 from 9:00 – 3:30 p.m. EDT. Xperience brings together both business executives and cybersecurity leaders to discuss achieving a higher standard for third-party risk management (TPRM). The free, full-day event provides a…
LEARN MORE5th June 2020
Everyone is familiar with the utility of the famous Swiss army knife; a penknife housing several blades and other tools such as files, scissors, and screwdrivers. The Shared Assessments’ Standardised Controls Assessment (previously known as the Shared Assessments’ Agreed Upon Procedure – or “AUP”) is acquiring a similar reputation in assurance circles as it’s been reported to…
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