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A Bright Future for Third-Party Risk Standards and Best Practice

As some of you may know, I have been championing the cause of standards in third-party risk management in the UK for a number of years now. When DVV Solutions originally looked at what standards we should build out our service offering and risk advisory from, there was only one organisation that stood out, and…

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ESG in TPRM: Third Party Risk Management Goes Green

There’s no “e” in third party risk management (TPRM), but that’s quickly changing thanks to new environmental regulations, rapidly growing clean-energy investments, changing societal norms and other factors that show no sign of waning. TPRM practitioners should take note, as this trend will likely have profound impacts on most aspects of their work. These changes…

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ProcessUnity Wins Two More Global InfoSec Awards for Vendor Risk Management

Latest Awards Further Validate Market Authority in Third-Party Risk Management DVV Solutions key automation partner ProcessUnity, a leading provider of cloud-based applications for risk and compliance management, today announced that Cyber Defense Magazine recognised ProcessUnity Vendor Risk Management (VRM) in the Cyber Defense Global Awards for 2021. Cyber Defense Magazine awarded ProcessUnity with the Editor’s Choice Award for IT Vendor Risk Management…

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Building the Business Case for a TPRM Tool – Free Expert Guide

Get Practical Guidance and Formulate a Winning Business Case Building a business case to purchase a vendor risk assessment tool is a big deal. You’re trying to alleviate pain within the organisation…most likely pain that you’re experiencing every day. On the other hand, your executives need to understand how the costs involved will ultimately benefit…

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3 Years of GDPR – 661 fines, €292m in penalties

In just 3 years since GDPR became enforceable over 660 fines and over €290m in penalties have been issued. Whilst British Airways (€22m) and Marriott International (€20m) have naturally grabbed the front pages with high profile breaches and fines the fact remains that for each and every organisation any breach of Personally Identifiable Information (PII)…

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Building Better Vendor Risk Assessments: White Paper Download

Increasing The Quality & Efficiency Of Your Vendor Risk Program Download the latest informative guide from ProcessUnity, Building Better Vendor Risk Assessments, and learn how organisations like yours can improve third-party risk assessments while balancing regulatory pressures, business requirements and budget constraints. Key topics include: Quality – How did you perform against your objectives during the previous…

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Your Reputation Is Your Wealth – ESG in the Supply Chain

Imagine cracking open a fortune cookie and finding this sage advice on the paper slip: “Your reputation is your wealth.” A recent Shared Assessments’ Operational/Industrial Technology Risk Management Working Group meeting cracked open this cookie as they examined reputation and explored risk management’s role in preserving it. Reputation is tied to the supply chain. The entire network…

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New Automated Index Calculates Supply Chain Ransomware Susceptibility

The Ransomware Susceptibility Index analyses technical and financial data to determine likelihood of ransomware attacks on third-parties, vendors and business partners. Black Kite, DVV Solutions cybersecurity ratings partner, today released the first automated ransomware service that assesses the likelihood of a ransomware attack on organisations and their vendors, suppliers, and business partners. The Ransomware Susceptibility Index…

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TPRM Webinar Replay: Turning Cyber Risk Ratings Into Cyber Risk Reduction

Are You Really Reducing Your Third Party Cyber Risk? Delivering both effective risk assessment and remediation within Third Party Risk Management programs is a constant challenge. Focus is naturally placed on assessing and monitoring higher-tier suppliers and more valuable relationships, but at what cost? Are organisation spending too much time and effort on cyber risk…

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Vendor Risk Management & ESG Related Risk

The Emerging Importance of ESG-Related Risk Environmental, social, and governance (ESG) and its role in vendor risk management have gained prominence this past year as the awareness for environmental and social issues grows. ESG helps examine how an organisation contributes to and performs on environmental, social, and ethical challenges, and the overall governance of the organisation. ESG touches on issues ranging from human…

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