Risk Management Blog and Articles
January 28, 2020
January 28 is Data Privacy Day, an international effort to empower users and encourage businesses to ‘respect privacy, safeguard data and enable trust.’ In an increasingly data-driven world, you need to make sure your company is going the extra mile to protect your customers and users. That means keeping an eye on your third-parties that might have access to Personal Identifiable Information (PII).
January 23, 2020
Learn how a third party vendor risk dashboard provides insights to understand your risk environment and make data-driven decisions for TPRM.
January 16, 2020
Third party risks continue to be a serious cybersecurity threat, so properly assessing a vendor is paramount to any risk management strategy. According to Gartner, 71% of organizations reported their network contains more vendors than it did three years before. This number is expected to grow even larger in the next few years.
January 13, 2020
ThirdPartyTrust, a network-based third-party risk management platform that allows enterprises and third-parties to simplify third-party risk processes, today announced a $4.45M seed round led by Capital Midwest Fund, a Milwaukee-based venture capital firm and Cultivation Capital, a St. Louis-based venture capital firm. ThirdPartyTrust has raised $5.55M in funding to date.
January 9, 2020
Inherent risk takes into account how a company is using their third-parties and what risk do they pose to the organization. Here's how to calculate it.