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11 things you need to build a robust TPRM program

 

Managing third-party relationships is a rising priority for many organizations. Procurement is no longer the main concern; the potential damage of a data breach, compliance issue, or service disruption keep senior management up at night.

To improve vendor due diligence, your team needs technology to standardize, centralize, and automate your third-party risk management (TPRM) activities. To help you get started, we’ve put together a checklist of 11 must-have features to look for in a TPRM solution and why they’re important, including:

  • third-party risk assessment workflow
  • third-party engagement
  • risk reporting requirements
  • architecture and infrastructure
 

 

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Copyright © 2021 Executive IT Forums, Inc. All Rights Reserved.

About the IT GRC Forum
The IT GRC Forum is the premier online resource  for Governance, Risk Management, and Compliance (GRC) Executives. We produce educational events and provide market intelligence for our members. 

Address: 1 Penn Plaza, Suite 6272, West 34th Street New York, NY 10119

Phone: (646) 525-4801Visit us at www.executiveitforums.org

 


 

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Live webinar: Is your IT VRM program ready for 2020?

 

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
 

 

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Copyright © 2019 Executive IT Forums, Inc. All Rights Reserved.

About the IT GRC Forum
CPEThe IT GRC Forum is the premier online resource  for Governance, Risk Management, and Compliance (GRC) Executives. We produce educational events and provide market intelligence for our members, and offer CPE credits via our programs. Executive IT Forums, Inc, is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education.

Address: 1 Penn Plaza, Suite 6272, West 34th Street New York, NY 10119

Phone: (646) 525-4801Visit us at www.executiveitforums.org

 


ACL FinalLogo white notag smlWhite Paper: KRI Basics for IT Governance

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IT professionals bear the responsibility of safeguarding their organizations from potential IT threats. Establishing the right set of Key Risk Indicators (KRIs) plays a critical role in helping to minimize these potential risks from halting business operations. This white paper provides you with a foundational understanding of KRIs, discusses how to overcome the common challenges of implementing, managing, and how to maintain KRIs for sound IT governance.

In this white paper, you will gain an understanding of the different kinds of indicators and what they measure, their purpose and their right audiences. By the time you’ve finished this white paper, you’ll be equipped with the knowledge and tools to start implementing or optimizing your organization’s KRI program.

 

 

Download White Paper Now
Copyright © 2019 Executive IT Forums, Inc. All Rights Reserved.

About the IT GRC Forum
CPEThe IT GRC Forum is the premier online resource  for Governance, Risk Management, and Compliance (GRC) Executives. We produce educational events and provide market intelligence for our members, and offer CPE credits via our programs. Executive IT Forums, Inc, is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education.

Address: 1 Penn Plaza, Suite 6272, West 34th Street New York, NY 10119

Phone: (646) 525-4801Visit us at www.executiveitforums.org

 

ProcessUnity

New 2020 Gartner Report Evaluates IT Vendor Risk Management Solutions

The 2020 Gartner Magic Quadrant for IT Vendor Risk Management Tools is now available. This report evaluates 23 solutions within the IT Vendor Risk Management (VRM) landscape, based on each vendor’s completeness of vision and ability to execute. This report can be utilized as a resource in the IT VRM software solution decision-making process to better understand the Vendor Risk Management landscape.

2020-it-vendor-risk-management-magic-quadrant-915x915.jpg

See which vendors were evaluated and understand how they are placed in terms of ability to execute and completeness of vision. Download your complimentary copy of the 2020 Gartner Magic Quadrant for IT Vendor Risk Management Tools now.

GET THE REPORT

Gartner, Magic Quadrant for IT Vendor Risk Management Tools, August 24, 2020, Joanne Spencer and Edward Weinstein

This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from ProcessUnity. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

 

 

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ProcessUnity: 33 Bradford Street, Concord MA 01742 United States

 

 

The 2019 Gartner Magic Quadrant for IT Vendor Risk Management Tools

Most organizations today are looking for opportunities to use new technologies like cloud, mobile, AI and IoT to better serve customers, grow revenues, and cut costs. As a result, IT departments must increasingly rely on external vendors—which introduces new, unprecedented risks.

Managing these risks is an ongoing challenge for many risk and security professionals. Having the right tools and processes in place is critical for success.

The Gartner Magic Quadrant for IT Vendor Risk Management Tools is an evaluation of 16 solutions within the growing IT vendor risk management landscape. We believe it will help you identify solutions that will improve the efficiency, effectiveness, and confidence in your vendor risk processes. Download the full report to evaluate this growing and dynamic technology market.

Download your copy »
IT GRC Forum    White Paper   

  pdf Revitalizing Access Control Programs (9.85 MB)


WPlogogalvanizeAccess control, a critical component of IT security compliance programs, ensures that organizations protect confidential information, like intellectual property and customer data. But your access management program can easily become outdated and static—especially if you rely on manual control testing and user access administration tasks.

pdf Download (9.85 MB)  this White Paper for insights on:

  • How to get started with an access control program.
  • Ways to evaluate the right tools to automate processes at a task level, and align to your process automation strategy.
  • Practical steps you can take to see value from advanced analytics in risk management, compliance, and continuous monitoring programs.
  • How to embed governance, risk management, and controls into your enterprise’s mobilization and deployment of RPA, so you can catch issues before they arise.

 

pdf Download (9.85 MB)

 


About the IT GRC Forum

The IT GRC Forum is an online resource and networking platform for Governance, Risk Management, and Compliance (GRC) Professionals. We produce educational events and provide market intelligence for our members, and it is our goal to help industry stakeholders, government regulators, and end-users better understand and manage the increasingly complex GRC landscape across their organization. Visit us at www.executiveitforums.org

 

 

 

 

Rise of the robots: Getting started with RPA for IT risk and security

LIVE WEBINAR! Wednesday, January 15th at 11AM PT / 2PM ET

With the rise of Robotic Process Automation (RPA), it is now possible to automate painfully manual risk and control assessments—as well as continuous monitoring. Hiring a robot returns precious bandwidth for your team to focus on critical thinking tasks like exception handling and issue remediation. But with so much potential, two questions remain: Where will automation drive the most efficiencies? Where should you start?

Join us tomorrow as Dan Zitting, former cyber risk advisor, shares practical examples of how IT risk and security teams can take advantage of RPA. He'll also walk through the maturity curve towards full automation or an “audit proof” IT and cybersecurity function. In this webinar you'll learn:

  • What RPA is and how companies are benefiting from robotics today.
  • The key differences between RPA and data analytics.
  • Real-life RPA use cases in IT audit, risk management, security, and compliance.
  • How to deploy robots for the biggest measurable impact.
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Webinar: How to adopt a disciplined approach to identify and manage IT risk

 

Managing IT risk fundamental to business objectives. But organizations often struggle with how to do it effectively with constantly evolving IT assets, regulations, and data. The result? IT security and risk teams that are confused about their roles, and how to best manage IT risk.

In this CPE webinar, Matt Kelly from Radical Compliance will explore how to understand the sources of IT risk in your organization—and how to assign responsibility over risk assessment, mitigation, and monitoring among the business functions involved.

You'll learn:

  • The key forces that are driving an increase IT risk today,
  • How to assign ownership of IT risk,
  • How InfoSec and Audit teams can work together to build a strong IT risk management approach,
  • What to look for in IT risk assessment technology.
 

 

Register Now!
 
Copyright © 2020 Executive IT Forums, Inc. All Rights Reserved.

About the IT GRC Forum
The IT GRC Forum is the premier online resource  for Governance, Risk Management, and Compliance (GRC) Executives. We produce educational events and provide market intelligence for our members. 

Address: 1 Penn Plaza, Suite 6272, West 34th Street New York, NY 10119

Phone: (646) 525-4801Visit us at www.executiveitforums.org

 

IT GRC Forum    eBook   

pdf An Executive's Guide to GDPR Preparation (32.00 MB)


GDPR Preparation FrontPage 1 The new EU General Data Protection Regulation (GDPR) looms and will take effect in May 2018, but according to Gartner, less than 50 percent of companies* are on track to be compliant by the due date. GDPR is the most significant change in data privacy regulation in more than 20 years. It represents an extraordinary shift in the way businesses will be expected to operate when they gather, process, maintain, and protect personal data of EU data subjects. Any organization that retains information of EU data subjects must be in compliance or face huge fines of up to 4% of worldwide turnover.

This eBook introduces the GDPR, provides security consideration for an enterprise on the challenges from a Governance, Risk Management, and Compliance (GRC) perspective, and highlights the key steps that an enterprise should take to prepare for GDPR.

 

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About the IT GRC Forum
The IT GRC Forum is an online resource and networking platform for Governance, Risk Management, and Compliance (GRC) Professionals. We produce educational events and provide market intelligence for our members, and it is our goal to help industry stakeholders, government regulators, and end-users better understand and manage the increasingly complex GRC landscape across their organization. Visit us at www.executiveitforums.org

 

 

 

 


 

Galvanize white h

Galvanize named a leader in the 2020 Gartner Magic Quadrant for IT risk management

 

Digital regulations are evolving, cybersecurity issues are on the rise, and IT risk management has become a board-level discussion. As an IT GRC professional—with competing priorities on your plate—you understand the need for an IT risk management (ITRM) solution that provides you with an aggregate view of risk to inform better decision-making. But with so many solutions available in the market, how do you decide which ones to consider?

The Gartner Magic Quadrant for IT Risk Management, is an annual evaluation of the competitive landscape for the IT risk management technology market. Gartner recommends using this report to “evaluate the opportunities and challenges in automating IT risk decision making.” Discover what to look for when selecting an ITRM solution.

 

 

Download the report>>
 
Copyright © 2020 Executive IT Forums, Inc. All Rights Reserved.

About the IT GRC Forum
The IT GRC Forum is the premier online resource  for Governance, Risk Management, and Compliance (GRC) Executives. We produce educational events and provide market intelligence for our members. 

Address: 1 Penn Plaza, Suite 6272, West 34th Street New York, NY 10119

Phone: (646) 525-4801Visit us at www.executiveitforums.org

 

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ProcessUnity Scores Highest in Gartner Review of IT Vendor Risk Management Software

In the newly published 2019 Critical Capabilities for IT Vendor Risk Management Tools, Gartner has given ProcessUnity the highest scores for two Vendor Risk Management use cases most requested by Gartner clients.

gartner-vendor-risk-management-cc-2019.jpg

The report evaluates IT Vendor Risk Management solution providers across key functional areas including:

  • Assessments
  • Workflows and Collaboration
  • Access and User Controls
  • User Interface and Navigation
  • Connectors and Integration
  • Configurability
  • Remediation Management
  • Vendor Profile Management

See how each vendor was scored. Get your complimentary copy of the 2019 Gartner Critical Capabilities for IT Vendor Risk Management Tools report now.

GET THE REPORT
Gartner Critical Capabilities for IT Vendor Risk Management Tools, December 19, 2019, Christopher Ambrose and Joanne Spencer

This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from ProcessUnity. Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
 


 

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How to build credibility with the right approach to IT risk, vendor, and controls

 

Even in our technology-driven world, some still see information security as a rival to business objectives. So how can resource-strapped risk teams perform their duties while earning buy-in?

Join us tomorrow (September 23), to hear how cyber risk practitioners at an international law firm implemented IT risk management technology to increase the efficiency and impact of their small department. Learn how to:

  • Build a centralized risk registry with dashboard reporting.
  • Automate risk assessment processes for better visibility into vulnerabilities and vendor risk.
  • Facilitate smoother audits with continuous controls testing
 

 

Register Now - 1 CPE Available
 
Copyright © 2020 Executive IT Forums, Inc. All Rights Reserved.

About the IT GRC Forum
The IT GRC Forum is the premier online resource  for Governance, Risk Management, and Compliance (GRC) Executives. We produce educational events and provide market intelligence for our members. 

Address: 1 Penn Plaza, Suite 6272, West 34th Street New York, NY 10119

Phone: (646) 525-4801Visit us at www.executiveitforums.org

 

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