Organizations across most market segments are becoming increasingly reliant on third-party vendors to support critical business operations across the board to support a wide array of process and functions. It is estimated that over 50% of businesses using third-party vendors have experienced a data breach involving confidential information. Given the current state supply chain’s impact … Read more
The Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the Federal Reserve System (Board), and the Office of the Comptroller of the Currency (OCC) (collectively, the agencies) are seeking comment on proposed guidance on managing risks associated with third-party relationships. The proposed guidance offers a framework of sound risk management principles to assist … Read more
Certainly, with the recent pandemic has affected every part of the supply chain, in all market segments. The majority of companies worldwide are continually being challenged in their operational, financial and organizational resilience across their supply chain network. Looking back, the pandemic has highlighted risks and resiliency gaps for many organizations. Recent industry surveys are … Read more
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