New York, NY, July 19, 2017 --(PR.com
)-- Prevalent teams up with The Knowledge Group for its upcoming webcast entitled “Vendor Management for the Financial Industry: Practical Guide.” This two-hour event will be held on August 1, 2017 from 12:00 PM to 2:00 PM (ET).
For further details about this event, please visit:
Prevalent is the leader in third-party risk management and cyber threat intelligence, helping global organizations manage and monitor the security threats and risks associated with third and fourth-party vendors. With the release of Prevalent Synapse™, organizations now have a purpose-built, unified platform that reduces both risk and cost in a shared assessment model, leveraging standardized content, automation, and threat intelligence.
Vendor risk management is vital to a company’s ability to identify, monitor and manage its risk exposure from third-party suppliers of products and services. When business processes are outsourced to an external vendor, sensitive data may be transmitted, stored and processed on vendor networks. In addition, vendor access to company systems creates additional exposure from unauthorized access to critical systems and information. Vendor security breaches, performance problems or other failures hold the potential for lost revenue from business disruption, a negative impact on business performance, and damage to reputation. A growing number of federal and state regulations mandate that companies proactively manage this risk, providing additional focus on the need to develop robust third party risk management programs.
In this two-hour live webcast, a panel of key thought leaders assembled by The Knowledge Group will lay out the essentials of an efficient, cost-effective third-party risk management program. The program will run the gamut from vendor selection to vendor risk ranking and risk analysis, ongoing monitoring, and management/board reporting. The program is specially tailored to the financial industry.
Key topics include:
• Corporate Governance
• Vendor Contracts
• Risk Assessments
• Risk Monitoring
• Onsite Audits
About The Knowledge Group /The Knowledge Congress Live Webcast Series
The Knowledge Group is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. For further details, please visit: http://theknowledgegroup.org/