27th January 2021
Financial and cyber threats are rightfully a top concern for businesses today, but third-party and global business disruption risks go far beyond cyber and financial concerns. When you compound financial and cyber risks with the ever-changing business environment, geopolitical events and increasingly frequent severe weather events, a TPRM program that only periodically assesses financial and…
LEARN MORE14th January 2021
This year’s initiative emphasises cultivating trust among consumers by adopting data privacy frameworks and promoting transparency around data collection practices DVV Solutions today announced its commitment to Data Privacy Day by registering as a “Data Privacy Day Champion” for the 2021 campaign. Data Privacy Day is a global effort — taking place annually on January 28th…
LEARN MORE7th January 2021
DVV Solutions cyber risk and remediation managed service partner, BlueVoyant, has released the UK findings of its global study into third-party cyber risk management. The study reveals that 82% of UK organisations surveyed had experienced a cybersecurity breach that originated from vulnerabilities in their vendor ecosystem in the past 12 months, and the average…
LEARN MORE29th October 2020
During this dynamic and stressful workplace environment 2020 has brought us, finding the most efficient ways to perform in your job has never been more important. When it comes to managing your vendor lifecycle, there are three ways you can implement more efficient processes to save time and money for your business. Staying competitive with your…
LEARN MORE20th October 2020
According to CISOs interviewed at the 2020 RSA Conference, supply chain attacks are the most dangerous threats following ransomware. IBM Security’s recent report [1] emphasizes third-party involvement (a.k.a supply chain) as an amplifying factor to the overall cost of a breach, increasing the dollar amount by more than $200,000. Let’s admit, supply chain security…
LEARN MORE12th 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…
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