Develop a Risk-Based Approach To Third-Party Risk Management

About this Use case

Use a risk-based approach for effective prioritization and mitigation.

1. For anyone responsible for:

   • Vendor management
   • Third party due diligence
   • Third party risk management

2. What you'll learn:

   • Why centralization of records and processes, third-party risk scoring and stratification, and aggressive third-party screening are all important to reduce third-party risk
   • The process of using RiskRate®
   • Using RiskRate® has benefits such as program confidence, defensibility, and organization

3. Page length:

   2 pages

4. Solution:

   RiskRate®

Read the Use case