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Partnering third-party risk management with enterprise resilience
May 20 @ 2:00 pm – 3:00 pm EDT
Description:
Vendors no longer exist in isolation. One vendor’s lack of availability can have a cascading effect across your business, your customers, and those they serve. The integrity of your organization’s promises rests on your ability to continue meeting your contractual obligations, even in the face of third-party outages. Resilience is an increasingly hot topic in the regulatory space, between ISO 22301 and the broadening impacts of DORA regulations, and these standards have implications, not only for resilience, but for our vendor management teams as well. Third-party risk management (TPRM) and resilience functions often operate in silos with minimal visibility into the other group’s processes and the data each group collects. This presents an opportunity for strengthening your vendor stance in the face of business disruptions.
During this presentation, attendees will gain practical insights into breaking down silos, making smarter risk decisions, and building a unified strategy that safeguards both performance and resilience.
Learning objectives:
- Explain the purposes of third-party risk management (TPRM) and enterprise resilience
- List the benefits to your company if a partnership with business continuity was integrated into your TPRM process.
- Apply high-level improvement strategies to your vendor and resilience models to strengthen your resilience posture.
CPE credit(s): 1 CPE upon live viewing and participation. CPEs not offered on-demand.
Field of study: Management Services
Instructional delivery method: Group Internet Based
Level: Basic
Prerequisite: None
Advanced preparation: None
*Click here for more CPE information.
