Third-party Risk

Jan 20, 2016

A Risk Manager’s Role in Strategic Leadership

A misalignment of risk priorities often exists between the risk manager and the executive decision makers. What can risk managers do to help them establish their significance and contribution to the organization? As in almost any emerging field, risk management requires effective communication and robust contribution from all parties in order to extract the most value for the organization.

Oct 1, 2015

Addressing Bribery and Corruption Risk

This article examines the risks tied to third-party relationships in anti-bribery and corruption (ABC) activities, highlighting the gaps in compliance and the importance of robust internal controls. It also explores how data analytics can be leveraged to manage ABC risks more effectively, particularly in the context of mergers and acquisitions.

Jan 1, 2014

Key Risk Issues in the Banking Industry

The OCC’s Spring 2014 Risk Perspective identifies key banking risks, from eased underwriting standards to increased interest rate risk and operational challenges like cyber threats and legal settlements.

Mar 1, 2013

Using Collaboration Risk Management to Recognize Emerging Risks

Learn how to enhance your ERM program by incorporating emerging risks and collaborating with external partners. Discover how businesses can anticipate change and turn risk into opportunity for growth.

Feb 26, 2013

Managing Risks to Sustainability Communication Strategies

Explore the importance of sustainability reporting in today's corporate landscape. Learn about key ESG metrics, supply chain transparency, and how board oversight fosters effective sustainability initiatives.

Oct 1, 2012

Managing Risks of Innovation

Learn how to mitigate risks in global innovation projects with these 10 rules. Explore insights from top firms like Intel and Samsung to boost innovation success.

Sep 15, 2012

Managing Supply Chain Risks for Conflict Minerals

Discover how Section 1502 of the Dodd-Frank Act addresses the use of conflict minerals. Explore governance strategies, supply chain transparency, and compliance models for mitigating these emerging risks.

Jul 1, 2012

Managing Third-Party Risk in an Increasingly Collaborative Business Landscape

Outsourcing brings strategic benefits but introduces third-party risks. Learn to enhance vendor assessments, involve business owners, and formalize processes to mitigate vulnerabilities in third-party relationships.

Nov 1, 2011

Proactively Managing External Relationship Risk

The focus on managing third-party risk is becoming prevalent in the current business environment as more organizations turn to external providers to gain access to needed services, reduce costs, or achieve other strategic advantages. While most executives recognize the importance of thinking through risks associated with delegating key tasks to external parties, several studies suggest the extent of vendor risk assessments is lacking and they fail to be adequately resilient in holding vendors to certain risk management standards. A thought paper by Crowe Horwath presents a process for managing third-party relationship risks by utilizing a risk landscape framework. They highlight three steps to implement a successful third party risk management program.

Sep 1, 2011

Cyber Crisis Management: A New Philosophy and Approach to Incident Response

Cybercrimes can cause financial and reputational damage. Learn how companies can prepare for cyber threats with robust crisis plans, incident response protocols, and expert guidance for comprehensive risk management.