The interdependent web of organizations with third parties and fourth parties cannot be ignored today. The third and fourth parties manage critical products and services and an incident at their end can directly impact the primary organization causing severe financial and reputational impact on organizations. Therefore, it is vital to improve visibility and transparency over the third parties as well as their vendors and assess vulnerabilities. During this session experts will provide insights on how organizations can improve the maturity of their third party management program.
-Understanding the current and emerging risks
-Developing a responsive third party risk management system
-Leveraging technology to improve maturity of third party risk management program