IT Vendor Governance in a Heightened Regulatory Environment
Increased dependency on external vendors, access of personal information like (Payment Card and protected health Information) by third parties, failures of IT services providers and pressure of regulatory mandates for third party risk monitoring are the few drivers for the demand of proper IT Vendor Risk Management.
In keeping pace with the increasing complexity of the third party relationships and associated risks, there are pressure on corporate boards for comprehensive visibility into, and oversight of, their organization’s exposure to third-party risks and third-party performance.
In today’s webinar, we will discuss the following topics :
- End-to-end vendor management process, right from risk assessment, to vendor selection, to relationship management
- Due diligence for third party selection
- Initial and ongoing assessments of IT service providers and vendors in the areas of information security, adherence to regulatory standards and compliance
- Leveraging the adoption of technology to strengthen IT Vendor Governance frameworks
