Third-Party Risk Education

Customer complaints are a fact of life in the world we live in today. This is why you need to also monitor your vendor's complaints as a critical part of third party risk management. Listen to this week's 90-second podcast for more information.

There are many benefits of vendor risk management. Understand why vendor risk is important and how to use these steps in your organization by listening to this 90-second podcast.

Budget season is upon us! Prepare yourself and your organization by planning ahead now for third party risk. Listen to this 90-second podcast to hear 5 tips for budget planning for vendor risk management.

You need to protect your organization by reviewing your vendor’s cybersecurity posture to know if they are a weak link when it comes to protecting important data. Gain a better understanding of what specific items you need to look for in your vendor’s cybersecurity plan with this 90-second podcast.

New cyber threats are constantly emerging, and it can be difficult to identify and manage them.  It's an essential practice to keep your organization and its customer protected from cybersecurity risks. Learn more in this podcast.

Proper vendor management requires you to periodically go update and improve elements of your program. To help, listen to this 90-second podcast to hear specific steps you can start taking today to improve your third party risk program.

Glen Trudel, Banking and Corporate Attorney at Ballard Spahr, shares his perspective on regulatory compliances and his thoughts on the OCC’s Fintech charter. He also discusses general challenges organizations are facing when it comes to third party risk management and covers best practices to overcome those hurdles.

Proper vendor management requires you to periodically go update and improve elements of your program. To help, listen to this 90-second podcast to hear specific steps you can start taking today to improve your third party risk program.

One of the most important steps in the vendor due diligence process is reviewing your vendor’s SOC report. Once you receive a SOC report from your vendor there are certain steps you can take to make the process more efficient. Listen to this week’s podcast to find out 7 steps to take once you receive a vendor SOC report.

The constant shift can lead to occasional problems in third party risk management. If you take the time to manage the process correctly and implement specific procedures it could help you avoid costly errors down the line. Listen to this week’s podcast to find out more about how to prevent third party risk problems.

Prepping for an audit can be a stressful, especially if you are scrambling last minute to finish up vendor management tasks. However, you can help organize your team before you receive an exam or audit notice. In this 90 second podcast you’re going to learn 9 steps to help you prepare in advanced.

Jo Ann Barefoot, CEO at Barefoot Innovation group and Cofounder at Hummingbird Regtech, shares her thought provoking insight on how organizations are handling third party risk management in this industry interview. Using her extensive experience in the industry, Jo Ann shares best practices for dealing with regtech vendors – including tips for the vetting process and cybersecurity management.

Keeping your third party risk management efforts independent from other business processes is critical. In this 90-second podcast, we cover the 3 most important reasons why you need to keep third party risk workflows separate.

This Thought Leadership Interview features Michael Donnella, Corporate Compliance Officer of Murphy Oil Corporation. Michael shares his unique perspective on corporate compliance, and why having a culture of compliance in third party risk management is crucial for organizations. He also shares his thoughts on the current state of third party risk in the industry and challenges organizations face.

Regulatory risk is used to determine the vendor risk rating. Listen to this 90-second podcast to learn about how you can determine a vendor's regulatory risk.

With 2019 well underway, we decided to put together some tips to help you stay proactive in vendor management. Listen to this 90-second podcast to get a quick refresher on third party risk best practices.

This Thought Leadership Interview features Lori Frank, President and CEO of Argos Risk. During this thought-provoking interview, Lori covers current third party risk management challenges and shifts in ongoing monitoring trends that organizations are facing today. Lori also discusses in-depth best practices for third party risk and complaint management you can use to protect your organization.

Your customers will complain at times. How your organization manages and responds to complaints has become critical. It also will help spot issues with vendors. Here are some tips to help you develop an effective complaint management system.

Fourth party risk is an important step in the vendor management process. In your contract with every one of your third party vendors you should include how you want your third party to handle communicating with you about a fourth party vendor. Here are some fourth party risk management steps you should take to better protect your organization.

Thoroughly evaluating a vendor’s performance is more than just about the numbers. It can help you discover weak financials which can indicate numerous risk factors. Here are 5 steps to measuring your vendor's financial health.

Vendor contract management is the administration of written agreements with third parties that provide your organization with products or services. The process includes contract negotiation, creation, execution and analysis. In this 90 second podcast you’re going to learn what vendor contract management is and some best practices that we recommend.

This Thought Leadership Interview features Jennie Fowler, Vendor Management Officer with American Credit Acceptance. Throughout the interview, Jennie shares how financial institutions are doing in Third Party Risk Management and the current struggles that company’s are facing today. Jennie shares her experience and recommendations to help obtain buy in and support from the C-suite when it comes to...

Sometimes a vendor may not pose enough risk to an organization to make it needed to actively monitor; therefore, some organizations choose to write certain third parties out of scope. In this 90-second podcast, we will cover the steps you need to take to determine the vendors that need to be included in your vendor oversight and how to best assess risk.

This interview focuses on the unique perspective of Nicole DeSantis at Rabobank. Nicole discusses the three lines of defense model discussion and why this discipline should be implemented at your organization. She also talks about how there should be a well-developed vendor management structure at all organizations regardless of the size. And, as a GDPR expert, Nicole shares her thoughts on future...

Maintaining strong vendor management relationships will help lead to a successful partnership for your organization. In today’s podcast, we’ll cover 8 important tips to maintain good vendor relationships in 90 seconds.