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third–party risk

By Ethics &Compliance Matters ™, Navex Global ® | 3 Minutes Read May 15, 2019

Beyond due diligence: Ongoing third party risk management

There is something in a name. More people in the compliance industry, when referring to third-party due diligence, are labeling it “Third Party Risk Management.” I like it because it is more accurate.

Article by Ethics &Compliance Matters ™, Navex Global ® / Business, Finance and Accounting / financial audits, risk factors, risk management, risk management program, third-party monitoring, third-party risk management, third–party risk

By Occasional Contributors | 2 Minutes Read February 24, 2017

Why do so many practitioners misunderstand risk?

My apologies in advance to all those who talk about third–party risk, IT risk, cyber risk, and so on. We don’t, or shouldn't, address risk for its own sake. That’s what we are doing when we talk about these risk silos. We should address risk because of its potential effect on the achievement of enterprise objectives.

Article by Occasional Contributors / Business, Finance and Accounting, Information Technology, Privacy / cyber risk, IT risk, risk, third–party risk

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