The Vendor Risk Management Benchmark Study, includes data gathered from 460 executives and managers and shows that third party risk programs across industries lack maturity and could be putting data at significant risk. This program features interview guests, Gary Roboff of Shared Assessments, and Rocco Grillo, Jr. from Protiviti. Together these renowned experts will share details about how the survey was conducted and its key findings. By watching this program, viewers will gain valuable insights into the critical nature of vendor risk management and will be better prepared to effectively manage vendor relationships in their organizations.
Upon successful completion of this segment, you should be able to:
- Recognize why vendor risk management is important
- Identify the key findings of The Vendor Risk Management Benchmark Study
- Recognize the implications of the study's results as they relate to governance; policies, standards and procedures; vendor risk identification and analysis contracts; communication and information sharing; skills and expertise; tools, measurement and analysis; and monitoring and review