The Importance of Third-Party Risk Assurance and Compliance

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Featured Topics Third-Party Risk Management Cybersecurity and Risk Management Regulatory compliance is a critical aspect of running a business in today’s complex and highly regulated environment. It involves adhering to laws, regulations, and industry standards that govern various aspects of business operations. Non-compliance can result in severe consequences, including financial penalties, reputational damage, and even … Read more

Charting the Course: ISO Guidelines for Third-Party Risk Oversight

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Introduction Featured Topics Third-Party Risk Management Cybersecurity and Risk Management In today’s interconnected world, businesses often rely on third-party vendors and suppliers to fulfill various functions and services. While this can bring numerous benefits, it also introduces a level of risk that organizations must address. To help businesses navigate these risks, the International Organization for … Read more

Crypto vs Blockchain: Why It Matters for TPRM and Assurance

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Featured Topics Third-Party Risk Management Cybersecurity and Risk Management When it comes to the world of technology, the terms “crypto” and “blockchain” are often used interchangeably. However, they are not the same thing. Understanding the difference between crypto and blockchain is essential, especially in the context of Third-Party Risk Management (TPRM) and assurance. In this … Read more

Future of TPRM: AI, Blockchain, and Beyond

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The Evolution of Third-Party Risk Management Featured Topics Third-Party Risk Management Cybersecurity and Risk Management Third-party risk management (TPRM) has become an essential practice for businesses across various industries. As organizations increasingly rely on external vendors, suppliers, and partners, the need to assess and mitigate the risks associated with these relationships has grown exponentially. In … Read more

Blockchain Audits for Third-Party Risk Assurance: Enhancing Assurance Practices

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Featured Topics Third-Party Risk Management Cybersecurity and Risk Management In today’s interconnected business landscape, organizations often rely on third-party vendors to perform critical functions and provide essential services. While outsourcing certain tasks can be beneficial, it also introduces a level of risk that needs to be managed effectively. To ensure the integrity and security of … Read more

Risk Mitigation in Multi-Party Transactions Using Blockchain

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Introduction Featured Topics Third-Party Risk Management Cybersecurity and Risk Management In today’s digital age, multi-party transactions have become increasingly common. These transactions involve multiple parties, such as buyers, sellers, intermediaries, and regulators, who collaborate to complete a transaction. However, engaging with multiple parties also introduces various risks, including fraud, data breaches, and disputes. To address … Read more

Blockchain for Transparent and Ethical Sourcing: Revolutionizing Supply Chains

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Featured Topics Third-Party Risk Management Cybersecurity and Risk Management In recent years, there has been a growing demand for transparency and ethical sourcing practices in various industries. Consumers are becoming more conscious of the environmental and social impact of the products they purchase, and they want to ensure that their choices align with their values. … Read more

Implementing Blockchain for GDPR Compliance in TPRM

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Featured Topics Third-Party Risk Management Cybersecurity and Risk Management With the increasing focus on data protection and privacy, organizations are constantly seeking innovative ways to ensure compliance with regulations like the General Data Protection Regulation (GDPR). One area where compliance becomes particularly challenging is in third-party risk management (TPRM), where organizations need to ensure that … Read more

Evaluating the Pros and Cons of Cryptocurrency Payments in Third-Party Transactions

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Featured Topics Third-Party Risk Management Cybersecurity and Risk Management In recent years, cryptocurrencies have gained significant attention as an alternative form of payment. With their decentralized nature and potential for increased security, many businesses are considering adopting cryptocurrencies as a payment method in third-party transactions. In this article, we will evaluate the pros and cons … Read more

The Intersection of IoT and Blockchain in Risk Management

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Featured Topics Third-Party Risk Management Cybersecurity and Risk Management In today’s interconnected world, businesses face numerous risks when it comes to managing their operations and working with third-party vendors. These risks can range from data breaches to supply chain disruptions, and they can have a significant impact on a company’s reputation and bottom line. To … Read more