As companies continue to outsource more aspects of their operations to third parties, they expose themselves to more shared risk. Most organizations understand the need to automate vendor risk management (VRM) activities to keep up with increasing scope and scrutiny. Yet they struggle to identify and prioritize the key features their VRM solution must provide so they can make a significant impact quickly.

To help with this challenge, we've put together a checklist that will serve as a guide. It outlines key features you should look for in a VRM solution and explains the significance of each in mitigating vendor risk.

There’s no question that providing assurance on the effectiveness of IT controls is time-consuming and repetitive. And as cloud-use and mobile apps become more prevalent, external auditors want even more assurance over data validity, integrity, and completeness of testing. But performing access testing by manually downloading user lists and running reports is highly inefficient and not a sustainable way to get the assurance you need.

Join us on this 60-minute webinar to discover how to improve your ITGC testing, including:

• how to automatically connect to systems like Active Directory, SAP ERP, and Salesforce to maximize the efficiency of user access control testing.
• how to apply a standardized user access matrix to speed up quarterly system access reviews and certifications.
• how to work in HighBond to centralize and coordinate user access reviews across the business to reinforce the completeness and validity of testing.

 

The use of third-party vendors has increased exponentially, exposing organizations to high-profile risks like never before. This is why third-party risk management (TPRM) now consistently features on board agendas in forward-thinking companies.

Join this virtual event and discover how to build a strategy and implement practical tactics to tackle the common challenges of TPRM.

Session 1: Strategy | Your blueprint for an effective TPRM strategy
Get a blueprint for building an effective, cross-functional strategy for managing third parties in today’s dynamic environment of evolving business, regulatory, and risk challenges.

Session 2: Tactics | Why automation is key to a successful TPRM process
Discover how to automatically collect and screen vendor information so you can more effectively mitigate risk and provide a consistent onboarding process.

Session 3: Demo | How to minimize and manage your third-party risk exposure
See how the Galvanize solution, ThirdPartyBond, automates the entire TPRM lifecycle—from onboarding, assessment, and remediation, to performance monitoring and ongoing review.

Digital risk is the fastest-evolving aspect of business and public sector operations today. Security and risk management leaders need to anticipate emerging risk, respond in real time, and drive collaboration between all risk management functions. IT risk management (ITRM) solutions support this view by automating risk workflows and providing a complete view of an organization’s full IT risk posture—for better decision making.

The Gartner Magic Quadrant for IT Risk Management is an annual evaluation of the competitive landscape for the IT risk management technology market. Download the full report to discover what you should be looking for when selecting an ITRM solution.

With cybersecurity becoming a top concern for boards of directors, CISOs finally have a seat at the table. But what happens when you have to deliver information on cybersecurity policies, risks, threats, and incident response plans to stakeholders who often don’t have the same technical understanding as you?

Join us on this 60-minute webinar, where we share how CISOs can overcome the challenge of transforming their tactical plans to a higher-level story that’s tailored for the board. You'll also learn:

• How online storyboards make it easy to confidently communicate risk with a specific focus on the business value.
• How combining and analyzing data from different sources results in a more effective explanation of your security maturity.
• How to build a culture that religiously uses metrics to consistently make strategic, data-driven decisions.

 

The new year is just around the corner. Do you know which trends and technologies will hit your organization the hardest—and increase its vendor risk exposure the most? Equip yourself with the right industry research and tactics to improve your IT vendor risk management (VRM) strategy.

Join us online on December 11th to find out if your IT VRM program is ready for 2020. In this session, we’ll discuss how to approach VRM in a climate of digitalization and diverse emerging technologies (think cloud, mobile, AI, and IoT). Plus, you’ll hear real-life lessons learned to help you build a strong VRM program for your organization.

Key takeaways:

• The emerging trends affecting IT VRM and how to respond

• Which areas to invest in to enhance your IT VRM program

• How to get stakeholder buy-in when making program changes

• The common challenges and pitfalls to avoid in your IT VRM strategy

• How technology helps you focus on what matters most

Digital transformation offers promise but also brings peril. Bad actors, hackers, black hats, whatever you want to call them, are constantly probing and attacking company networks. In fact, researchers have found it only takes seconds before hackers attack newly connected devices and services.

In this new e-book, Lockpath, a leader in IT GRC and Continuous Security Monitoring solutions, provides insights into the core elements of an advanced IT security defense system and how companies can evolve the way they protect against threats.

As an IT risk or security professional, you bear the responsibility of safeguarding your organization from IT threats. Establishing the right set of Key Risk Indicators (KRIs) plays a critical role in detecting potential risks that can halt business operations or cause reputational damage. But many IT departments aren’t sure of where to get started.

This white paper will provide you with a foundational understanding of KRIs and give actionable tips to help you overcome the common challenges of implementing, managing, and maintaining KRIs. Plus, we provide three jam-packed pages of example KRIs for IT professionals. By the time you’re done reading, you’ll have a roadmap to ensure your IT governance program is a success. 

 

As companies continue to outsource more aspects of their operations to third parties, they expose themselves to more shared risk. Most organizations understand the need to automate vendor risk management (VRM) activities to keep up with increasing scope and scrutiny. Yet they struggle to identify and prioritize the key features their VRM solution must provide so they can make a significant impact quickly.

To help with this challenge this checklist outlines features to look for in a VRM solution and explains key areas where you can start mitigating vendor risk today.