SIG Speaks

DECEMBER 8, 2022

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Lois Peric shares the essential components for building a third-party risk management program. You must also insert the third parties you are currently doing business with into the new framework.

Risk Management 40

Risk Management Risk Management Management Design 40

SIG Speaks

MARCH 8, 2023

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.

Risk Management 40

Risk Management Risk Management Management Right-Sizing 40

SIG Speaks

APRIL 4, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jai Chinnakonda shares why every organization should adopt integrated third-party risk governance and management into their team structure. So, where does the problem lie?

Risk Management 40

Risk Management Risk Management Government Management 40

SIG Speaks

SEPTEMBER 17, 2021

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Kyle Brown discusses the value proposition and responsibilities for the key players in an effective third-party risk management program. The Business Unit Structure for Risk Management Success.

Risk Management 40

Risk Management Risk Management Management Shared Services 40

SIG Speaks

DECEMBER 22, 2022

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Mona Josten discusses the importance of having a high-quality third-party risk management program . Without data, you're just another person with an opinion.". Edwards Deming, Statistician.

Risk Management 40

Risk Management Risk Management Management Right-Sizing 40

31 West

JUNE 5, 2023

Or, does it need to be integrated with third-party security applications for improved security? It’s a cloud-based service that covers Word, PowerPoint, Excel, and other applications that boost your productivity and allow businesses to run routine management operations flawlessly. But, does it feature crucial security tools?

Risk Management 130

Risk Management Risk Management Accounting Event Management 130

IBM Services

MARCH 20, 2024

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more. This includes cyber incidents, technology failures, natural disasters and more. Similarly, in the U.S.

Cybersecurity 81

Cybersecurity Regulations Banking Risk Management 81

Forrester Digital Transformation

FEBRUARY 23, 2023

Perspectives from a former CISO/CSO For my second blog in this series, I wanted to share my thoughts on one of my favorite subjects: third- party risk management (TPRM).

Risk Management 130

Risk Management Risk Management Management 130

IBM Services

APRIL 24, 2024

For example, they can decline to have their data shared with third parties while allowing the app to generate personalized offers. Mitigating privacy risks: The app limits data access to trusted employees who need it for their roles, and employees can access data only when they have a legitimate reason to.

Regulations 71

Regulations Government Accounting Retail 71

Everest Group

FEBRUARY 22, 2024

Financial institutions’ reliance on information and communication technologies (ICT) for core operations brings immense opportunities in today’s digital world but also exposes banks, investment firms, insurers, and other financial entities to significant cyber threats and operational risks.

Regulations 59

Regulations Cybersecurity Risk Management Risk Management 59

31 West

SEPTEMBER 12, 2022

Or managing your contingent workforce has left you overwhelmed? VMS and MSP offer benefits like procurement and management of the contingent workforce. This article will guide you through: What is Vendor Management System (VMS). Benefits Offered by Vendor Management System. What is Managed Service Provider (MSP).

Managed Services 130

Managed Services Outsourcing Automation Flexibility 130

Paysquare

APRIL 23, 2024

INTRODUCTION OF PAYROLL DATA MANAGEMENT Employee data is sensitive and contains personal information of the employees, which they share with their employers when they join the company. RISK ASSOCIATED WITH MISHANDLING OF PAYROLL DATA Financial Losses – Unsecured payroll data exposes employees and businesses to significant financial risks.

Payroll 52

Payroll Management Cybersecurity Regulations 52

SIG Speaks

MAY 4, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate William Chanto Castro shares the tricks to overcoming the obstacles to meeting risk regulations and requirements. MAS, 2016, p.9). Two of the most common ones are Ariba and Coupa.

Risk Management 76

Risk Management Risk Management Outsourcing Management 76

Future of Sourcing

MAY 23, 2023

A popular ride-hailing app , international airline , and world-renowned brewing company all experienced significant data breaches tied to third-parties in the first four months of 2023, and they’re not the only ones. The SEC further expanded its proposal to address cyber risks in the U.S. securities market last month.

Cybersecurity 52

Cybersecurity Risk Management Risk Management Pharmaceuticals 52

IBM Services

JANUARY 19, 2024

Typically, companies either build DRPs themselves or outsource their disaster recovery process to a third-party DRP vendor. Enterprises without disaster recovery strategies in place are risking costs and penalties that could far outweigh the money saved by not investing in the solution.

Cybersecurity 101

Cybersecurity Reduced Costs Outsourcing Out-Tasking 101

SIG Speaks

DECEMBER 7, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jessica Mckenzie provides an exceptional and readable display of the topics covered, making this complex topic accessible for practitioners and novices, and shares her common sense advice with risk professionals.

Risk Management 40

Risk Management Risk Management Research Insurance 40

31 West

JANUARY 24, 2024

The growing risk of security breaches has encouraged businesses to adapt to the latest and advanced security practices. They don’t just manage the technical services, but facilitate a robust ticketing system and after-hours customer service for emergency support. It helps you build clients’ trust, and meet regulatory compliance.

Engineering 100

Engineering Service Cybersecurity Accounting 100

SIG Speaks

JANUARY 4, 2024

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Andy Ignacio describes and compares some of the related concepts he learned throughout the program to his organization's evolution from "check the boxes" to a strong risk culture and program.

Risk Management 40

Risk Management Risk Management Banking Government 40

Provana

DECEMBER 19, 2021

Vendor Management Software or a Vendor Management System (VMS) allows companies to manage their vendors including but not limited to collecting requisitions from departments, shortlisting and onboarding new vendors, managing their ongoing performance and compliance.

Software 96

Software Management Regulations Collaborations 96

IBM Services

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. Sourcing teams are automating processes like data analysis as well as supplier relationship management and transaction management.

Sourcing 105

Sourcing Supply Chain Management Strategic Sourcing Automation 105

Offshore India Data Entry

APRIL 19, 2024

From cost savings and scalability to potential risks and cultural differences, we’ll cover it all. Examples include payroll management, data entry, and accounting services. Examples include customer support, lead generation, and social media management.

Business Process Outsourcing 98

Business Process Outsourcing Outsourcing BPO Data Entry 98

Offshore India Data Entry

FEBRUARY 19, 2024

When it comes to outsourcing business processes, companies often choose between business process outsourcing (BPO) and business process management (BPM). While both involve outsourcing tasks to third-party providers, BPO and BPM have important distinctions in their approaches. Let’s get into it in detail.

BPO 111

BPO Outsourcing Business Process Outsourcing External Service Provider 111

Obobo

DECEMBER 13, 2022

What is Third Park Risk Management? First, let’s start with understanding what risk management is. Risk management is the process of identifying, assessing, and controlling risks. By identifying risks early on, you can take steps to avoid them or mitigate their impact. Definition.

Risk Management 52

Risk Management Risk Management Management Insurance 52

IBM Services

APRIL 4, 2024

Lots of innovation is happening, with new technologies emerging in areas such as data and AI, payments, cybersecurity and risk management, to name a few. A third-party risk management review, where the ISV needs to describe how it is complying to required controls. Why a FS Cloud and FS Validation Program?

Service 61

Service Banking Cybersecurity Regulations 61

IBM Services

JANUARY 22, 2024

Processors also include third parties that process data on behalf of controllers, like a cloud storage service that hosts a phone number database for another business. A legitimate interest is a benefit the controller or another party could gain by processing the data. Controllers and processors must honor these rights.

Government 89

Government Cybersecurity Regulations Automation 89

Perficient Digital Transformation

AUGUST 21, 2023

For instance, if you have a module that interacts with a third-party API to retrieve some sort of data, you can reuse this module in various applications that require that information. This makes maintenance and upgrades more manageable, reducing the risk of unintended side effects.

Flexibility 98

Flexibility Sourcing Design Healthcare 98

SIG Speaks

APRIL 11, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Mitchell Gustafson describes why becoming familiar with third-party risk management is so crucial for your business team. All companies rely on a third party, if not multiple.

Risk Management 40

Risk Management Risk Management Regulations Cybersecurity 40

SIG Speaks

OCTOBER 6, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Meshkat Rahman shares her systematic analysis of Reputational Risk with a methodical solution design process. One of the topics that can be deemed simple and self-explanatory but possess a high value is reputational risk.

Risk Management 40

Risk Management Risk Management Advisory Management 40

IBM Services

DECEMBER 4, 2023

DORA has several objectives, including to comprehensively address information and communications technology (ICT) risk management in the financial services sector and harmonize the ICT risk management regulations that already exist in individual EU member states. On the surface, this might seem to complicate matters.

Right-Sizing 96

Right-Sizing Risk Management Risk Management Regulations 96

SIG Speaks

AUGUST 24, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Steve Williams provides a look through Johari’s Window, and how knowing what we know and don’t know can unlock our understanding of a company’s risk profile while supporting it through negotiated contracts and governance.

Government 40

Government Risk Management Risk Management Cybersecurity 40

SIG Speaks

MAY 23, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Dallin Ingalls shares the inherent value that is associated with a strong third-party risk management framework. The third-party relationship ultimately becomes an extension of the organization.

Risk Management 40

Risk Management Risk Management Banking Management 40

Magellan Solutions

MARCH 13, 2024

Delegating tasks to external parties can significantly impact your business. However, it’s essential to acknowledge that both strategies have challenges, including cultural differences, data security risks, communication obstacles, and quality control issues. This article has you covered! It provides flexibility and cost control.

Offshoring 105

Offshoring Outsourcing Out-Tasking Labor Costs 105

Everest Group

SEPTEMBER 30, 2021

Could Your Business Partners Be Offering More Risk than Support? But, did you know that over 60% of security breaches are actually caused directly or indirectly by a third party? Managing, monitoring, and mitigating that risk has become incredibly challenging in today’s interwoven digital universe. LIVE WEBINAR.

Cybersecurity 94

Cybersecurity Risk Management Risk Management Marketing 94

SIG Speaks

APRIL 27, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Charlie Swartwood shares his description of important elements in an effective and efficient third-party risk management program and how he plans to make good use of them in his firm.

Risk Management 40

Risk Management Risk Management Supply Chain Management Design 40

31 West

SEPTEMBER 7, 2022

The answer thus lies with Managed Service Provider (MSP) and Managed Security Service Provider (MSSP). MSP and MSSP are third-party services offered by IT providers from remote locations. However, MSPs have evolved into service providers focusing on managing an organization’s IT operations. Database Management.

Cybersecurity 130

Cybersecurity Out-Tasking Efficiency Flexibility 130

Paysquare

MARCH 3, 2024

Traditional payroll management systems are known for using manual processes and paperwork, which only lead to increased tasks. Also, accessing payroll information or making changes required direct interaction with payroll staff, which automatically caused delays in work and inefficiency in overall payroll management.

Payroll 91

Payroll Management Service Administrative 91

The Hackett Group

FEBRUARY 16, 2024

The Hackett Group ® found that ensuring supply continuity – last year’s greatest concern – fell to second place in this year’s ranking, followed by combating inflationary price increases in third place. Data analytics and reporting topped the list of planned improvement initiatives for 2024, followed by talent management.

Advisory 59

Advisory Research Analytics Risk Management 59