DOL Archives - MODEVITY

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

June 20, 2025 by Thomas Canova

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

Cybercriminals Continue to Focus on Exploiting Vulnerabilities in the Supply Chain to Gain Backdoor Access to Organizations Systems and Critical Data

September 26, 2024 by Thomas Canova

Cybercriminals and hackers have increasingly exploited vulnerabilities in industry standard IT and security tools, leading to major security incidents. Incidents across multiple market segments highlight how quickly liabilities in widely used management tools can become targets for both state-sponsored groups and ransomware operators, underscoring the importance of safeguarding against supply chain cyberattacks. Certainly, supply chain … Read more

Understanding and Implementing Third-Party Vendor Risk Management

May 23, 2024May 23, 2024 by Thomas Canova

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

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