Insights

Best Practices for Managing Your Third-Party Risk

On-Demand – Watch our Cyber Tech Talk webinar, Best Practices for Managing Your Third-Party Risk 

Third-party services made it possible for your business to be more efficient, competitive, agile, and even more cost-effective. They also introduced cybersecurity, compliance, and other risk.

It’s not surprising, then, that a third-party risk management program (TPRM) is a priority for 85% of businesses according to new research by KPMG. But it also has its challenges.

In our October Cyber Tech Talk webinar, cybersecurity expert and SilverSky VP of Professional Security Services Tom Neclerio shared his best practices and tips for developing and implementing an effective program for managing your third-party risk.

Discussion included:

• The case for a strong TPRM program
• Gaining insights into vendor security practices and policies
• What your vendor evaluation “due diligence” should include
• How to perform a risk assessment
• Why prioritizing your vendors is essential – and the criteria to use

There are plenty of examples and research that illustrate the potential for – and the impacts of – third-party-induced data breaches. This webinar will help you jump-start your strategy for managing your third-party risk.