Results of the 2nd Annual Third-Party Risk Management Benchmarking Survey
Every organization must undertake its own journey toward third-party risk management program maturity. How does your progress compare to that of your peers?
Aravo and The Center for Financial Professionals (CeFPRO) conducted our second annual “Taking the Pulse of Third-Party Risk Management” survey to benchmark the industry across a broad range of areas. TPRM professionals from around the world shared their insights on topics ranging from resource availability, to risk domains they manage, to board involvement.
This discussion explores:
Costly third-party incidents experienced in the past twelve months
The engagement level of boards and their influence on program maturity
Whether third-party professionals are fairly compensated for their contributions
Ensure your third parties align to your information security data, privacy, and network security requirements
