Healthcare organizations need to bring in a large number of technology providers to assist in delivering medical services, protecting data and complying with strict standards like HIPAA. So it’s fair to say that third-party risk management for healthcare organizations is a must.
So you have assessed your third-parties and established a TPRM program. But what about the risk posed by your vendors’ third-parties? It’s time to start thinking about fourth-party risk.
Modern businesses are increasingly dependent on third-parties who are geographically dispersed across the globe. Here’s why you should start thinking about continuous location risk monitoring.
Gartner predicts that by 2023, organizational spending on third-party risk management (TPRM) technologies within the Legal industry will increase by 50%. What can tech actually do for the industry?
We often hear terms like “supplier”, “provider”, “vendor” or “third-party” used indistinctly, but they’re not the same. We believe “third-party” is a much more powerful concept and here’s why.
Although most organizations understand its importance, it can be difficult to start and maintain a scalable third-party risk management program. Bob Wilkinson, Founder & CEO of Cyber Marathons Solutions, shares tips and best practices.
Learn how Take-Two overcame its third-party risk management challenges with the ThirdPartyTrust platform.
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…
A third-party risk management dashboard is fundamental for understanding the risk environment within an organization and making informed decisions. When presenting to the board, you probably want to show high level KPIs and insights, and explain the overall health of the program. In this blog, we go through 5 key indicators you should monitor in…
Third-party risks continue to be a serious cybersecurity threat, so properly assessing a third-party is paramount to any risk management strategy. According to Gartner, 71% of organizations reported their network contains more third-parties than it did three years before. This number is expected to grow even larger in the next few years.