Vendor Risk Management Training. The FDIC released a financial institution letter in 2008 to help teach banks how to properly manage the additional risk of outsourcing part of their processing to external vendors. What is a vendor risk management plan.
One of the best ways to mitigate cybersecurity risk posed by these connections is a Vendor Risk Management Program. Reduce uncertainty around third parties and determine vendor criticality Centralize vendor records for a single view of location asset 4th party risk profile and scoring data. Read more about why vendor risk management is important.
Understand typical risk areas and the regulatory content.
The most comprehensive vendor management certification course and vendor management training available anywhere for building implementing and managing a compliant vendor management program and properly preparing for exams and audits. Vendors pose many risks including financial reputational compliance legal and regulatory risks. In many organizations VRM programs are largely traditional. Understand typical risk areas and the regulatory content.