Chief Information Security Officer Akoya, United States
Current third-party risk management (TPRM) processes are lengthy. Due diligence questionnaires, evidence collection, review of unverified public information and meetings with the third party are required. This process delays integration activities, adversely affects business goals and revenue and may only provide a point-in-time view of the third party’s security risks. This session will discuss the pitfalls with current TPRM processes and present easy solutions that risk managers and analysts can adopt to gain a better understanding of their vendors’ and business partners’ security risks.
Learning Objectives:
Describe the issues with current third-party risk management practices.
Identify solutions to perform vendor due diligence activities in a timely manner.
Demonstrate the benefits of a streamlined vendor risk management process to key stakeholders.
