Third Party Risk Management (TPRM) has become a key focus area and has seen heightened attention by regulators in recent years in the wake of data breaches and security events tied to the use of vendors and suppliers. This increased scrutiny has raised the need for formal and defensible third party risk management programs to the highest level. These programs must prioritize, assess and report on the use of third party vendors and suppliers consistent with an organization’s risk appetite and business objectives. A well-governed program has multiple components that contribute to a successful outcome.
During this 4-hour workshop, we will review the essential components of an effective TPRM program along with the governance and executive support needed to develop and maintain that program. What constitutes success and how it reduces risk for the organization will be featured along with best practices for conducting and responding to assessments. Concepts in continuous monitoring and collaboration will be presented to illustrate where this dynamic risk area is going and how to prepare for it.
Attendees of both the MISMO Summit and the Third Party Risk Management Workshop can receive $50 off their workshop registration fee. Please contact firstname.lastname@example.org for this discount.
First time attendees of the MISMO Summit are eligible for a special Summit registration rate of $375. Please contact email@example.com to get the promo code for the discounted rate.
Friday, September 28th, 2018
8:00 AM - 12:00 PM EST
*Registration and Breakfast will begin at 7:30am.
1700 Tysons Blvd
McLean, VA 22102
MBA has reserved a block of rooms at the The Ritz Carlton (course location) for participants.
This workshop will focus on Third Party Risk Management fundamentals, the drivers that require organizations to develop a formal program, new techniques and approaches and how to overcome key challenges. Topic include but many not be limited to:
- Definitions, requirements and regulations
- Organizational support and "Tone at the Top"
- Program governance, objectives and outcomes
- Key program components and best practices
- Challenges and obstacles
- Continuous monitoring and the use of automation
- Collaboration and industry networks
- Outsourcer versus Vendor
- Program management and board reporting
Download the workshop agenda to learn more about the program.
Who Should Attend?
- Compliance Officers
- Risk Managers
- Vendor Managers
- Shawn H. Malone, Founder & CEO, Security Diligence, LLC
- Brad Keller, Senior Director, Third Party Strategy, Prevalent, Inc.
MBA Diversity and Inclusion scholarship opportunities are available for this offering. Click HERE for more information.