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Your responsibility, but not in your control: third party risk management

Your responsibility, but not in your control: third party risk management

An outsourced third party risk management service creates a fully-informed risk discussion

Few corporate leaders would consider ignoring the dangers of failing to manage third party risk. But exactly how to successfully manage it is a far trickier question.

Companies increasingly reap the benefits of outsourcing non-core functions to external providers – this allows them to focus on the areas their organisation knows best as external specialists handle the rest. But while they are an operational necessity and a commercial reality, third party relationships create vulnerabilities.

Third party data breaches over the past year have included several high-profile cases and fines can easily add up to millions of dollars. In this CIPS Download whitepaper, produced in partnership with IHS Markit, we look at the dangers, the solutions and the broader considerations you must contend with when it comes to building an effective third party risk management (TPRM) programme.

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First Name

Last Name

Work Email

Create Password

Phone (incl international code)

Job Title

Company

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CIPS Membership Number

Privacy Notice

We sometimes partner with other organisations to create industry-leading content pieces that are free to access. Details of other organisations we work with can be found within our Privacy Statement.

CIPS would like to keep you updated by email and phone with information and opportunities which we hope will help you in your work. We believe this demonstrates a legitimate interest in using your details for marketing messages for similar topics and purposes as the event you have registered for.

Please tick here if you DON’T want to receive relevant products, promotions and other services from CIPS via the following channels:

by email Required

by phone Required

We will use your details to ensure you receive messages that are relevant to you. You can stop receiving these messages from us at any time in the future, via the unsubscribe link on any email received or by contacting us directly.

By selecting "SIGN UP" you confirm that you agree to our Terms and Conditions statement.