Third-Party Risk Management Needs to be part of an Organizations Continuous Improvement Program

Third-Party Risk Management (TPRM) today prioritizes concerns of regulatory fines over strategy and operational directives for stronger security.  By investing in a complete, targeted approach, organizations can elevate TPRM as an essential part of their security program strategies. Robust cybersecurity structures are critically important, and third-party risk management was once a vital component of these … Read more

Understanding and Implementing Third-Party Vendor Risk Management

Effective Vendor Risk Management (VRM) is crucial for mitigating risks and protecting your business’s reputation. This involves identifying potential third-party vendors, conducting thorough assessments, and continuously monitoring their performance. What is Vendor Risk Management? Vendor risk management is an ongoing process of due diligence carried out before and after engaging with third-party suppliers. It aims … Read more

SEC Tightens Regulations Regarding SaaS Security

The SEC is cracking down on SaaS security, holding public companies accountable for protecting data stored in SaaS systems and connected third-party apps.  This shift reflects growing concerns about vulnerabilities in SaaS platforms and the potential impact on investors. Why is the SEC Focusing on SaaS? High Prevalence of Breaches: Despite companies feeling confident in … Read more

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