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Boosting ROI in Third Party Risk and Compliance with AI

101923p

Recorded:    January 18 | 2024      Watch

In today's interconnected business landscape, companies rely on third-party vendors and partners for various critical functions, but this dependence comes with inherent risks.

Ensuring compliance and mitigating these risks is crucial for safeguarding your organization's reputation, financial stability, and regulatory adherence. The use of AI is a game-changer in this realm, as it empowers businesses to streamline processes, enhance decision-making, and optimize their resource allocation.

Attend this webinar to discover how cutting-edge artificial intelligence (AI) technologies are revolutionizing the way organizations manage third-party risks and compliance, ultimately leading to improved returns on investment (ROI). You will learn how to:

  • Convert business requirements into workflows with AI, enabling all users to tap into advanced operations, leading to cost and time savings.
  • Engage in a conversational approach to data with AI, offering real-time, deeper insights which drive smarter business decisions and enhanced profitability.
  • Use AI to dramatically simplify the supplier onboarding process.
  • Empower users to kick-start processes by simplifying forwarding emails or PDFs, slashing response times and ensuring seamless, efficient interactions.

Moderator

colin whittakerColin Whittaker, PCI Industry Alumni, Founder and Director Informed Risk Decisions Ltd. Colin has been instrumental in driving forward a risk and security strategy for payments over the last 15 years since he retired from the military in 2001, and took up the role of Head of Security at APACS. Whilst there he was one of the first people to be elected to the PCI SSC Board of Advisors where he was always keen to try and promote the differences in threat between Europe and UK, and the US. Since that election he hasn't moved far from the PCI domain. In 2010 he moved to Visa Europe and became the Vice President Payment System Risk with responsibilities for designing and operating the Visa Europe PCI compliance strategy for European merchants and service providers. He was also responsible for coordinating Visa Europe's approach to cardholder data breaches in Europe, and for the changes to the Visa Europe Compliance strategy through the creation of the Technology Innovation Programme which gave the very first PCI DSS compliance relief for EMV chip accepting merchants. In 2015 he went independent and currently provides cyber security risk consultancy services to a wide range of public and private companies. Colin has presented on Information Security at major events around the world, and has published a number of papers on security.

Panel

Jag LambaJag Lamba is the Founder and CEO of Certa. Jag grew up in Bombay, India and studied computer science before kicking off his career as a software engineer. After moving to the US and transitioning into Product Management, he began pursuing his MBA from Wharton while working at McKinsey and eventually moving into its strategy consulting practice. Over 10 years later, he decided it was time for a change and pivoted into working for a VC firm within India. Inspired by his experience in the entrepreneurial space, Jag founded Certa in 2016 with help from Techstars and angels. Certa has recently raised an oversubscribed $35M dollars in their Series B funding round by lead investors, Fin Capital and Vertex Ventures SE Asia & India.

LukeLuke Ortegel is a Technical Account Manager at LogicGate, a SaaS company whose proprietary Risk Cloud® platform helps organizations automate and streamline their GRC processes. Prior to joining LogicGate, Luke worked in Risk and Controls Consulting at Crowe, helping clients assess, manage, and remediate organizational risk. At LogicGate, Luke leverages his risk and controls knowledge and experience to identify and design GRC and Risk Management processes based on industry trends, regulatory requirements, and best practices to be used by Risk Cloud customers.                                                                                                         

ErichGary W. Phipps, Vice President Strategy & Business Transformation, GRCP CTPRP, at ProcessUnity. Gary has over 20 years of experience providing program design support to program initiatives involving risk management, regulatory compliance and internal control enforcement for clients in various industries including but not limited to finance, government, defense, healthcare and higher education. Prior to joining CyberGRX, Gary advised the Citizen Utility Boards on compliance matters and acted as advisor to many Fortune 50 financial institutions as well as the DOD including the Joint Staff on how to effectively comply with imminent regulatory statutes.

Sam Abadir Headshot Sam Abadir is the Vice President of Solutions at Krista Software. Sam is a seasoned governance, risk, and compliance expert. Prior to joining Krista, Sam led Product Management and Solutions Management at leading GRC companies. Currently, Sam serves as the Vice President of Solutions at Krista Software where he builds solutions such as Assessment Assistant that use AI and process orchestration to cut assessment completion and validation times from weeks to less than 30 minutes. LinkedIn: https://www.linkedin.com/in/samabadir/

 

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