The Weakest Link – Why ABAC Must be a Focus Within TPRM Programs

Is anti-bribery and corruption (ABAC) the weakest link in your third-party risk management (TPRM) program?

Since 2008, more than 90% of FCPA matters have involved a third party (such as a broker or affiliate), yet only 13% of organizations report that they manage ABAC risks within their TPRM programs. In addition to reputational damage and other impacts, organizations faced $3.2 billion in global monetary sanctions in 2018.

But there are ways to identify, monitor, and manage third-party corruption risk.

Download this white paper to learn:

• How third parties increase bribery and corruption risks
• Why prosecutions are increasing and trends in enforcement
• What internal control failures can make your organization vulnerable to ABAC risk
• How you can incorporate enterprise-wide ABAC controls into your TPRM practice