Before you sign a vendor agreement, make sure you have these two critical protections in place: .✅ Right to audit clauses.✅ Breach notification requirements.They're your organization's safety net for maintaining #cybersecurity standards. Learn more:

Did you know 49% of #financial organizations faced third-party cyber incidents in 2024? When hackers target your vendors, they're really targeting YOU. Learn how to protect your organization from vendor cybersecurity risk: #financialservice #TPRM

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Missed out on our webinar yesterday covering #vendormonitoring? Don't fret, it's available on demand NOW! Learn how your organization can benefit from a scalable vendor monitoring program. Watch now: #vendorrisk #ongoingmonitoring #continuousmonitoring

Reviewing SOC reports can be challenging, especially with all the technical language. SOC reports allow your organization to evaluate the vendor's internal controls to protect data, so it's crucial to review. Understand what you need to look for: #TPRM

Most organizations know they need better vendor oversight. Few know how to build a monitoring program that's actually effective, scalable, and actionable. In tomorrow's webinar discover how to build a vendor monitoring program that actually works:

🔎 Audit season approaching? Don't let the preparation stress you out! Whether you're a seasoned professional or facing your first #regulatoryexam, having a solid game plan makes all the difference. Our checklist covers everything your need to know:

Is your vendor performance all over the place? You're not alone. Without clear service level agreements (SLAs), you're flying blind when it comes to vendor accountability. SLAs are your roadmap to consistent service delivery. Learn more: #SLA #TPRM.

New cyber threats are constantly emerging, making it difficult to identify and manage them. It's essential to keep your organization and its customers protected from cybersecurity risks and there are best practices you can follow to help. Learn more:

Every day, organizations face devastating impacts from vendor failures they never saw coming. The cost? Millions in losses, regulatory scrutiny, and damaged reputation. The solution — a proactive vendor monitoring program. Join our webinar to learn more:

As new privacy laws constantly emerge, managing third-party risk has never been more complex. In this infographic, partnered with @Osano, breaks down how vendor #privacyscores can streamline your compliance efforts and protect your organization: #TPRM

Your wealth management firm's vendor network is your strength and your vulnerability. Every third-party relationship, from custodians to #AI tools, brings both opporutnity and risk. This checklist will ensure your #TPRM program is on the right track:

Do you know the recipe for #TPRM success? .🧂 A dash of risk-based due diligence.🫗 Splash of senior management & board involvement.🍰 A hardy piece of contract management and ongoing monitoring.🥣 Mix it all together for success. Learn more in the blog:

As with any other element of third-party risk management, there are often challenges that come from managing #vendorcontracts. Having an effective contract management system in place can help alleviate these challenges. Learn more in the blog: #contracting.

Your high-risk vendors don't just support your operations, they ARE your operations. That's why continuous vendor monitoring isn't just a nice-to-have anymore, it's business-critical. Join our webinar on August 19: #vendormonitoring #ongoingmonitoring

Vendor going under? Your operations could too. Your vendor's financial health isn't just their problem, it's yours. Don't wait for red flags to become roadblocks🚧 Make vendor #financialhealth a cornerstone of your due diligence process: #vendorfinancials

RIA Alert: The SEC is doubling down on #cybersecurity oversight, especially third-party vendor risks. Your firm's responsible for client data protection, whether it's in your hands or your vendors'. Don't wait for an exam to get compliant. Read the blog:

Venminder by Ncontracts' one-of-a-kind TPRM regulations library is a one-stop shop. You can easily search for regulations through the search bar or by using filtering options! This is a great resource for #thirdpartyrisk professionals. Check it out today:

Anyone who is involved in vendor risk management is familiar with the complexities and the workload of managing various tasks. Utilizing #VRM software can help your organization improve processes, through features like automation. Listen to the podcast:

Before engaging with third parties, it's critical to understand the inherent risks they pose. This early-stage assessment helps you evaluate the potential threats before controls are applied. Download the eBook to learn more: #inherentrisk #vendorrisk

Most organizations focus on managing their direct third-party relationships, but what about the fourth parties? You're responsible for risks introduced by vendors you've never even contracted with. We've gathered questions you should ask your third party: