There are three vendor management models that we typically see: centralized, decentralized and a hybrid approach. These allow the vendor risk manager to set standards while allowing for communication through the relationship manager and on to the vendor.Autor: Third-Party Risk Education

If your organization is in a regulated industry, you should anticipate regular examinations. It's good to review your regulators website to become familiar with their exam process, classification of issues, etc. In this podcast, learn common exam findings and next steps.Autor: Third-Party Risk Education

Anyone who is involved in vendor risk management knows the intricacies of the various tasks. In this podcast, learn tips and common ways you can utilize vendor risk management software to streamline your processes.Autor: Third-Party Risk Education

In this interview, Venminder's Hilary Jewhurst is joined by Barb Lowman, President at CUNA Strategic Services and Idrees Rafiq Jr, Information Security & Risk Management Consulting, Vice President at Cornerstone Resources to discuss the effects that fintech organizations have on credit unions.Autor: Third-Party Risk Education

In this podcast we’ll discuss four important vendor risk management frequently asked questions for beginners. You'll learn what vendor risk management is, why it’s important, who is involved and how vendor risk management is completed.Autor: Third-Party Risk Education

Building a fourth-party vendor inventory can be challenging, but it's crucial to protect your organization from an extensive risk landscape. This podcast explains how to build a fourth-party vendor inventory and tips to keep in mind.Autor: Third-Party Risk Education

Although a vendor's risk can change over time, risk-based due diligence is a a good strategy that provides consistent results. In this podcast, learn three ways risk-based vendor due diligence can improve your efficiency.Autor: Third-Party Risk Education

In this thought leadership interview, learn how to implement vendor privacy scores into your third-party risk management practices with Venminder's Hilary Jewhurst and Osano's Rachel OrmistonAutor: Third-Party Risk Education

Understanding the key roles involved in third-party risk management is important to you and your organization. Learn their responsibilities and how they fit into your third-party risk management program.Autor: Third-Party Risk Education

The economy has faced many challenges the past few years, from the pandemic, supply chain issues, ongoing global wars, and others. These events present many challenges for organizations and their looking to cut costs. As a result third-party risk management teams are on the chopping block.Autor: Third-Party Risk Education

In this interview, Andrew discusses how cyber insurance is important for your third-party risk management program, what it generally covers, what it doesn't cover, and more.Autor: Third-Party Risk Education

In this informative podcast, learn 4 key recommendations to implement in your third-party risk management programs to mitigate and manage vendor risk this upcoming year.Autor: Third-Party Risk Education

Throughout this interview, Tom Rogers defines the characteristics that make up a fourth-party vendor and uncovers the steps to manage them. Listen to this interview to learn about fourth party due diligence, regulations, and best practices.Autor: Third-Party Risk Education

In this podcast, we'll reflect back on what's been happening in the world of third-party risk this year. We've included five takeaways, from AI to the fall of Silicon Valley Bank. Listen now!Autor: Third-Party Risk Education

Learn best practices that should be included in your third-party risk management program to ensure you keep your organization protected from data breaches and other cybersecurity incidents.Autor: Third-Party Risk Education

Partnering with a large well-known vendor can prove to be beneficial. However, in some instances larger vendors can be more difficult to effectively manage. Learn the essential tips and best practices to mitigate vendor risk with your large vendors.Autor: Third-Party Risk Education

Throughout this interview, Mike Morris Highlights the SEC Proposed Outsourcing Rule and it's impact on vendor risk management. Listen to learn answers to common questions, tips and suggestions, as well as a general overview of the SEC Proposed Outsourcing Rule.Autor: Third-Party Risk Education

Regulatory examiners have distinct expectations when it comes to the boards involvement in third-party risk management. Listen to learn the board's place in regulatory exams, and how you can lend a helping hand.Autor: Third-Party Risk Education

Although your organization may have limited resources for your third-party risk management program, you don't have to fall behind. Even smaller teams can manage the complex and interrelated processes involved in TPRM by using software.Autor: Third-Party Risk Education

Collaboration with vendor owners involves a lot of day-to-day activities, spanning across the three stages of the third-party risk management lifecycle. This podcast outlines useful tips that can improve collaboration between your third-party risk management team and your vendor owner.Autor: Third-Party Risk Education

No matter the vendor, there may be issues that arise at any point in the vendor relationship. In this podcast, learn examples of third-party risk management issues you may encounter.Autor: Third-Party Risk Education

Effective third-party risk management can help your organization mitigate supply chain risk. Natural disasters and cyberattacks are just two examples of business disrupting events. This podcast outlines four examples of TPRM can help you mitigate supply chain risk.Autor: Third-Party Risk Education

In today's business climate vendor financial health monitoring is important. There are several factors to consider when reviewing vendor financial health including, inflation, political instability, and more.Autor: Third-Party Risk Education

After conducting our State of Third-Party Risk Management Survey in November of last year, we've analyzed the results and found six highlights that you should pay close attention to this upcoming year.Autor: Third-Party Risk Education

Even in today's increasingly remote working environment, you need to perform on-site vendor visits. In this podcast, we'll highlight 6 reasons on-site vendor visits are a valuable part of your due diligence practice.Autor: Third-Party Risk Education

For many, 2022 was a challenging year. From supply chain disruptions to regulatory updates, and the threat of malicious actors. In this podcast, learn six TPRM best practices to bring into 2023.Autor: Third-Party Risk Education

TPRM involves many activities that can take up a lot of your team's times and resources. In this podcast, learn 5 advantages of outsourcing your third-party risk management tasks.Autor: Third-Party Risk Education

Protecting your customers' sensitive information is important. It's important to understand the weaknesses and risks associated with your vendors. In this podcast, learn how to safeguard your organization from third-party cyber risk.Autor: Third-Party Risk Education

When dealing with your critical vendors, it's necessary to ensure that all parties know what is expected of them and what the dealbreakers are in the relationship. Learn 4 best practices of critical vendor contract management in this podcast.Autor: Third-Party Risk Education

Keeping the patient proactive care model in mind when considering third-party risk management is important. This podcast highlights 4 steps to take in creating a TPRM program for a health organization.Autor: Third-Party Risk Education

Although there is still limited legislation on mandatory ESG disclosures, regulators are continuing to address issues like climate change and modern slavery. This podcast highlights three ways you can help your vendor prepare for ESG disclosures.Autor: Third-Party Risk Education

Having an exit strategy in case your vendor relationship must come to an end is crucial. When faced with offboarding a vendor, you'll want to avoid any surprises. Learn 4 exit strategies in this informational podcast.Autor: Third-Party Risk Education

Vendor financial health includes many factors that your organization should be cognizant of and reviewing accordingly. This podcast highlights three mistakes to avoid and ensure there is comparability and consistency across your vendor financial reviews.Autor: Third-Party Risk Education

There is a beginning and end to every third-party relationship. In this informative podcast, you’re going to learn the stages of the third-party risk management lifecycle and a little about each one.Autor: Third-Party Risk Education

Mitigating vendor risk is an important component of your third-party risk management program to ensure that your overall business operations can continue on. This podcast highlights what you need to do to mitigate vendor risk.Autor: Third-Party Risk Education

Venminder's State of Third-Party Risk Management survey highlighted the top 4 trends for TPRM in 2022. Listen to this podcast to learn what they are.Autor: Third-Party Risk Education

2022 is sure to be full of uncertainties and challenges for vendor management. Listen to this podcast that highlights 3 best practices to follow this year.Autor: Third-Party Risk Education

This podcast highlights three main third-party risk management lessons in 2021. Listen on to learn how your organization can use these lessons to prepare for 2022.Autor: Third-Party Risk Education

Tune in to our latest podcast to learn four tips to build a successful third-party risk management program. What to include, who's involved and more.Autor: Third-Party Risk Education

In this podcast you will learn the four things to review in a third-party incident response plan and understand how your vendor will respond to an incident when it happens.Autor: Third-Party Risk Education

Throughout this interview Michael highlights the importance of third-party risk management, the challenges his firm faced when implementing a TPRM program and best practices for board and senior leadership involvement in third-party risk management.Autor: Third-Party Risk Education

Listen to this podcast to get an understanding of what a vendor confidentiality agreement is and why it's important in third-party risk management strategyAutor: Third-Party Risk Education

Tune in to this podcast where we explain how to get from inherent vendor risk to residual risk. Learn how to calculate these risks with a quick example.Autor: Third-Party Risk Education

Listen in on this podcast that describes the various types of vendor business continuity and disaster recover testing. Learn the common tests that take place and what you should look for in your results.Autor: Third-Party Risk Education

Listen to this 90 second podcast to learn the best practices for overseeing international vendors. Ensure you are doing your due diligence when vetting, understanding their financial documentation and obtaining references.Autor: Third-Party Risk Education

Listen to this podcast to understand the basics of vendor compliance risk, understand the faults of these risks and how to protect your organization.Autor: Third-Party Risk Education

Understanding third-party risk management can be complex, but it doesn't have to be. Listen to this podcast to understand what third-party risk management is and how it is a valuable asset to your organization.Autor: Third-Party Risk Education

Learn about acceptable documents to request from your privately held vendors, how to assess their risk, and understand their financial state.Autor: Third-Party Risk Education

There are vendor management best practices you should be aware of to help avoid being deceived by a vendor. Listen to this podcast to quickly learn three tips to help you with the process.Autor: Third-Party Risk Education

Spring is around the corner and it’s the perfect time to dust off your vendor management program and clean up your processes. This podcast covers some tips that you need to know when improving your approach to third-party risk managementAutor: Third-Party Risk Education