As organizations begin to recover from the pandemic, third-party risk management (TPRM) is more important than ever before. Faced with supply chain disruption and cyber threats, businesses are re-assessing their dependence on partners and taking a closer look at the risk they introduce. According to a recent study by KPMG, third-party risk management is a strategic priority for 85 percent of businesses.
How you identify and manage the risks of working with third parties is critical because your compliance, revenue, and company reputation are dependent on all parties fulfilling their contractual, security and privacy obligations. Yet, managing the risk associated with your partners is increasingly challenging.
Join Reciprocity experts as we share and discuss with you:
- Market Dynamics driving the risk vs. opportunity balance
- 5 key considerations to better identify, manage and mitigate third party risk
- Real world examples of improving TPRM visibility and efficiency
