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4 steps to improving your ESG risk management to increase financial performance

IBM Services

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. Focusing on ESG Risk Management can help your organization become more profitable, and your organization can start on this journey today. Collaborate with suppliers.

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What is Automated Vendor Risk Management? – Definition

Obobo

What is Automated Vendor Risk Management? The use of technology to simplify and streamline vendor risk management processes has become a necessary part of business operations. Automated Vendor Risk Management (AVRM) is the practice of using technology to identify and mitigate third-party risks.

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Building a Resilient Supplier Cyber Risk Management Strategy

Everest Group

Sharing sensitive data with outsourcing providers in today’s interconnected digital world has increased organizations’ vulnerability to cyberattacks, making it more important than ever to have an effective supplier cyber risk management strategy. Not having a formal supplier cyber risk management strategy can cause compliance issues.

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Decelerate To Accelerate – A Best Fit Perspective For Third Party Risk Management?

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate John M. Lehr discusses how third-party risk management teams must enter into a safe third-party relationship and how to build and maintain trust, as well as how to adapt as the consumer wants and needs evolve rapidly.

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Navigating the New Landscape: How DORA Regulations Will Reshape the Future of Financial Services | Blog

Everest Group

DORA framework DORA establishes a comprehensive framework for managing digital operational resilience across the financial sector. DORA focuses on five strategic pillars centered around data: risk management, third-party risk management, incident reporting, information sharing, and digital operational resilience testing.

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Exploring the Importance of Post-quantum Cryptography: An Unbreakable Vault to Protect Enterprises Against Advanced Cyberattacks, Part 2 | Blog

Everest Group

As discussed in our previous blog , the emergence of quantum computing poses a significant threat to current public key cryptographic methods. Conduct an internal risk assessment: This can help identify and prioritize assets most impacted by a quantum computer cryptographically, thus exposing the organization to greater risk.

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Unleashing the Power of Generative AI in Procurement | Blog

Everest Group

To understand how procurement professionals view the usage of GAI in procurement, we surveyed a diverse group of procurement experts, including Chief Procurement Officers (CPOs), category/sourcing managers, contract managers, supplier relationship managers, and various other executives.