Skip to main content
NC State Home
Poole College of Management
Enterprise Risk Management Initiative

Third-party Risk

photo of finger pointing onto a computer screen

Dec 3, 2025

Risk Meets Reality: Managing Cyber Risk

Cyber threats are evolving. Learn how software supply chains, AI coding tools, and open-source vulnerabilities drive cyber risk—and what boards and executives must do to stay prepared.
photo of plane, boat, truck.

Aug 21, 2025

Top Risk Focus: Third-Party and Supply Chain Risk

Discover why third-party and supply chain risk ranks high in 2026, and how leaders can better assess, monitor, and respond to disruptions in global vendor ecosystems.

Apr 29, 2022

Elevating Value of Leading-Edge ERM: Highlights from the April 22, 2022 ERM Roundtable Summit

The sharing of insights and experiences among ERM leaders continues to help advance the strategic value of ERM programs among organizations. Fostering thought leadership on strategically focused risk management is a core mission of the ERM Initiative at NC State University. The “golden nuggets” shared by speakers at the April 22, 2022 ERM Roundtable Summit covered a variety of topics related to advancing best practices in enterprise risk management (ERM). We are providing this high-level summary so others can benefit by what was shared in each of the six sessions. 

Apr 28, 2022

Relational Contracts and Foreign Managerial Distribution

Elena Kulchina and Joanna Oxley examine how foreign entrepreneurs manage risks abroad, highlighting the role of informal contracts and market conditions in managerial delegation decisions. Their research offers insights into overcoming the "liability of foreignness."

Sep 28, 2021

Looking to Enhance Your Organization’s Resiliency? Check Out These Resources

Explore strategies to elevate operational resiliency and business continuity. Learn from thought leaders on supply chain vulnerabilities, third-party risks, and governance enhancements to future-proof your organization.

Aug 31, 2021

Assessing Risks in Third Parties

In today's dynamic global market, many third-party risks are going undetected and hidden in supplier, distributor and partner relationships. External factors including the COVID-19 pandemic and increasing attention among government regulators on corruption, sustainability and human rights, the need for companies to protect themselves against third-party threats and the resulting regulatory enforcement of illegal activity is paramount. LSEG's The Real Risks: Hidden Threats Within Third-Party Relationships, aims to provide organizations with guidance for identifying, assessing and managing third-party risk. We have summarized some of their key suggestions.

Aug 31, 2021

Mitigating Supply Chain Disruptions and Building Resilience

Global supply chains are larger and more complex than ever. At the same time disruptions that affect supply chains have grown more frequent and severe, exposing vulnerabilities. Companies and policy makers are reconsidering how to assess, analyze and mitigate risk exposure to bolster supply chain resiliency to shocks like financial crises, terrorism, extreme weather and pandemics. McKinsey Global Institute's (MGI's) report, Risk, Resiliency, and Rebalancing in Global Value Chains, explores factors leading to global supply chain risk, financial implications of shocks and guidance for building supply chain resiliency. Check out this summary of the key findings.

Oct 17, 2019

Getting Our Arms Around the Ever-Changing World of Emerging Risks

ERM leaders highlight strategies to navigate emerging risks like AI and disruptive technologies. Learn how to align risk monitoring with strategic priorities and manage third-party risk effectively.

Apr 30, 2019

Extended ERM Integration with Increased Third-Party Involvement

With growing third-party involvement, organizations must enhance ERM strategies. Explore how centralized control, emerging technologies, and leadership accountability shape extended enterprise risk management.

Jan 29, 2019

Risk Management with Third-Party Suppliers

Discover how financial institutions manage third-party risks under increasing regulatory scrutiny. Learn about McKinsey’s six-element approach for risk segmentation, due diligence, governance, and effective management reporting to mitigate operational and reputational risks.