Risk Management Blog and Articles

February 18, 2020

Building a Scalable Third-Party Risk Management Program

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.
February 13, 2020

How does CCPA impact Third-Party Risk Management?

On January 1, 2020 the California Consumer Privacy Act (CCPA) of 2018 came into effect. Although it impacts thousands of businesses across the country, with stiff financial penalties, many business leaders are still unsure about what it means. This blog looks at some key points of the law and its impact on third-party risk management.
February 7, 2020

Take-Two Case Study: Assessments Take a Week Less with ThirdPartyTrust

Learn how Take-Two overcame its third-party risk management challenges with the ThirdPartyTrust platform.
January 28, 2020

Data Privacy Day: 3 ways to keep third-party data exposure under control

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

Risk Management Dashboard and KRI Examples

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

7 Questions for a Vendor Risk Assessment

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 raises an additional $4.45M to help enterprises manage their third-party risk

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

Vendor Inherent Risk and What it Means to Your Third Party Risk Management

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.
October 22, 2019

Global Resilience Federation and ThirdPartyTrust establish partnership allowing members to peer-source vendor risk assessments

Reston, VA USA – October 23, 2018 – Global Resilience Federation (GRF) and ThirdPartyTrust today announced a new partnership that provides GRF members the opportunity to peer-source vendor risk management using the ThirdPartyTrust community-oriented platform that advances awareness and minimizes the workload of evaluations.