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Third Party Risk Management - Consultancy, Assessment & Advisory

An Attack on 3rd-Party Advertising Company Increased Cyber Risk of European E-Commerce Sites

You’re only as strong as your weakest link A malicious code injected to a third-party Javascript of an advertising agency targets credit card information of online shoppers at European-based e-commerce sites. Many websites leverage Javascripts to track their visitors, collect analytics, etc. so, use of a Javascript library of an advertising agency is not uncommon. External…

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Good Responses to Bad Contracts – A Shared Assessments Blog

Most third party risk managers eventually deal with bad vendor contracts. In most cases, these contracts – which lack important provisions or no longer conform to regulatory requirements or organisational guidelines – pose significant risks to the organisation. Many of these risks can be mitigated, doing so requires a well-defined process, a robust third party…

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Is Your Risk Management Program Ready for the New European Banking Authority’s Guidelines?

In June 2018, the European Banking Authority (EBA) put forth guidelines on outsourcing arrangements that highlighted the importance of risk management within financial organisations. The notice of these guidelines was announced in June 2018 and will be enforced later in 2019. On February 25th of this year, the EBA revised the guidelines to include specific…

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ProcessUnity and DVV Solutions Partner to Deliver World-Class Third-Party Risk Managed Services

DVV Solutions adds industry-leading ProcessUnity Vendor Cloud platform to its expanding managed services portfolio   ProcessUnity, a leading provider of cloud-based applications for risk and compliance management, today announced that Third-Party Risk Management (TPRM) specialist DVV Solutions has joined the ProcessUnity Partner Program as a Managed-Service Provider (MSP). DVV Solutions will add ProcessUnity’s Third-Party Risk…

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Incorporate Financial Ratings and Cybersecurity Scores for a More Comprehensive View into Vendor Risk

RapidRatings, Security Scorecard and BitSight Expand Our Intelligent Risk and Compliance Ecosystem As a standalone solution, ProcessUnity’s cloud-based Vendor Risk Management software delivers significant value by helping organisations streamline onboarding, due diligence and assessment processes and effectively understand the state of third-party risk.  Better yet, the platform can incorporate specialised intelligence and risk ratings –…

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