5.8 The need for a diverse approach to successfully manage third party risk
With a growing reliance on third parties to deliver organizational services, there is an increased risk exposure that organizations must manage. From data breaches to operational disruption, from compliance to reputational damage, your third parties’ risks become your risks, and managing these exposures has become more important than ever.
In this session, we look to provide attendees an overview of third-party risk, the concepts around managing third-party risk exposures, and the applicability to their organization, regardless of industry or sector. We will look to highlight the need for an integrated approach to successfully navigate the use of third parties in an ever-changing landscape to minimize organizational risk.