Holistic Third Party Risk Management

Third Party Risk Management (TPRM) is more than just management of a group or category of business relationships. It is a program unto itself with its own unique characteristics and methods. Too often, TPRM is viewed and undertaken as a procurement process subset. That can lead to a collection of discrete transactions managed on a[…]

cyber security software

When The Cyber War Comes Home

The modern battlefield has a new extension—cyberspace! And the modern battlefield is no longer confined to simple geographies of land masses, airspace, oceans, valleys and mountains. Better (more destructive) bombs, missiles, rockets, guns, and fighter aircraft, weren’t enough for us feisty humans. Just as the global economy has blurred once sharply defined geographical and economic[…]

Resilience in 2022—A Key to Cyber Risk Management

As we enter another year of challenges to business, to cyber-survival, and to living in a time where past norms of operation seem more historical than current, one is left to question what is important, and within that set, what is feasible now? There are many voices aloft across social media channels, news channels, thought[…]

When The Cyber Event Strikes Home

Over the years I’ve written about many possible cyber risks, their potential impacts upon companies, their stakeholders, clients, and associates. We’ve talked about third party risk (TPRM) and associated measures to be taken to protect, detect, remediate, and respond. Well, recently one of these events struck home, literally, and the scenario, as described to me[…]

Summertime, And The Cyber Risk Is Easy…

Summertime, and the living is, once again, easy—sort of. Just a few summers ago these were the days of occasional remote work, long weekends, holidays, vacations, and for some companies, shortened “summer hours”. As our work routines have made the separation of office, work, and personal time a fluid continuum, our risk perimeter and footprint[…]

The Urgency of Insecure Infrastructure; Yours, Mine, and All Ours

There are lessons to be learned from the Colonial Pipeline ransomware attack. Panic is not one of them—it will yield no improvement nor progress for any situation. The event does strongly highlight how much more attention we need to pay to cyber risk now than past efforts demonstrate. The details of this ransomware incident are[…]

Integrating Third Party Data Into Your Risk Management Processes (TPRM)

Some Risk Managers rely upon reported findings from internal risk assessments as the primary source of risk data in their Third Party Risk Management (TPRM) programs. Too often this approach generalizes over time from a primary to an exclusive source. That’s a missed opportunity to leverage value from other contributors to your operations, by incorporating[…]

A Look At DoubleCheck’s Approach to TPRM (Third Party Risk Management)

This month, I’m going to depart a bit from the independent discussions of IT risk and cybersecurity to explore some of the specific ways this blog’s host, DoubleCheck Software, provides tools, resources, and value to companies working to manage their supply chain and partner risk—TPRM (Third Party Risk Management). The DoubleCheck GRC offers a platform[…]

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