The clock’s ticking! If you’re a financial services institution regulated by the Prudential Regulatory Authority, any third-party outsourcing agreements you enter into after 31 March 2022 — that’s less than two months away — will have to comply with their new outsourcing and third-party risk management guidelines. And you’ll have to revise agreements you already have…
LEARN MOREThe increased reliance on third-party vendors for businesses to advance digital transformation has never been more important than now. However, the swift adoption and complex vendor relationships can leave gaps in how organizations properly vet and track their third parties that are both comprehensive and efficient. These gaps can increase your exposure to risk and…
LEARN MOREAs we head into 2022, a spate of fourth-quarter announcements have given us a good window in terms of what to expect in the new year and beyond for climate metrics and reporting requirements. Three points in particular are important to highlight for third party risk management: Newly updated Task Force on Climate-related Financial Disclosures…
LEARN MOREAnyone involved in the cyber protection of businesses knows that worrying about future trends must be balanced against tackling what is already here. When the U.S. Cybersecurity and Infrastructure Security Agency (CISA), the FBI, and other global agencies jointly published a list of the most commonly exploited vulnerabilities last year, the striking feature was how old these…
LEARN MORE