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Latest TPRM White Paper – Third-Party Risk in Standards & Regulations by NormShield

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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Guest Blog – Cutting Corners: Most Companies Conduct Inherent Risk Assessments on Less Than 40% of Their Vendors

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…

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DVV Solutions to deliver Shared Assessments Certified Third Party Risk Professional Training

DVV Solutions are pleased to offer the opportunity for Third Party Risk and IT Security Assurance practitioners in the UK to register for the upcoming Certified Third Party Risk Professional (CTPRP) virtual training and certification courses in September and November 2020.   What is the CTPRP? The CTPRP has been developed by the Shared Assessments…

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New NormShield Strategy Report provides Simple Guide to Fix your Cyber Rating

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….

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NormShield Ticketing System Simplifies Third Party Cyber Risk Remediation

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,…

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BitSight Announces New “Xperience” Virtual Event to Discuss Third-Party Risk Management Best Practices

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…

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Why the Shared Assessments SCA is the “Swiss-Army Knife” in Your Third Party Risk Assessment Toolbox

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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New BitSight Innovations Help Organisations Achieve a Higher Standard for Third-Party Risk Management

DVV Solutions security ratings partner, BitSight, today announced several new, innovative capabilities within its BitSight for Third-Party Risk Management solution that provide intelligent recommendations, operational guidance, and risk prioritisation to enable more effective third-party cyber risk management. The enhanced platform helps organisations achieve greater operational efficiency and measurably reduce risk across their extended business ecosystem….

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Vendor Contract Do’s and Don’ts – BitSight Guest Blog

According to an Opus and Ponemon Institute study, 59% of companies have experienced a data breach caused by one of their vendors or Third Parties — while only 16% claim they effectively mitigate Third-Party risks.   Don’t be a part of these alarming statistics: In order to protect your organisation’s valuable information, it’s critical that you set…

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GDPR’s 2nd Birthday – Are You Late To The Third Party?

As we see an ever-increasing stream of high-profile data breaches and regulatory fines Sean O’Brien, Director DVV Solutions, takes a look at one of the most common weak links in law firms’ data security and GDPR compliance programs – the risks posed by third parties and suppliers. The EU General Data Protection Regulation (GDPR) and…

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