Latest Discussions

  • Posted in: Risk Assessments

    Hi All, How do you classify your managed print services vendor? Thanks for the feedback.

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    RE: 4th Party Vendors

    This message was posted by a user wishing to remain anonymous For critical vendors, it's important, first and foremost, to make sure the contract requires them to notify you of any sub-service ...

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    RE: Open Source

    Posted in: Risk Assessments

    Open source software is vetted by IT Security, once approved the vendor is added to the portfolio in our vendor Risk Management tool and subject to the due diligence appropriate to the risk rating ...

    1 person likes this.
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    Open Source

    Posted in: Risk Assessments

    Could anyone please share how your company deals with Open source development software? Is your Sourcing and Vendor Management Department involved? I appreciate any and all comments. Thanks, ...

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    4th Party Vendors

    ​​ What is your plan for 4th party vendors on a critical vendor?

  • Does anyone have suggestions for completing site visits during the Covid 19 environment? Any alternative approaches being contemplated?

Most Recent Announcements

  • Community Update - 1,000 Members

    Hi Everyone, I want to share some very exciting news with you all. We have reached 1,000 community members! This is a milestone we’re very proud of and it’s all thanks to the fantastic third-party risk conversations you all are having every day. As always, please let me know if you have any thoughts or feedback on ways that we can improve the community. In the meantime, here are some links ... More
  • COVID-19 Resources Page

    Hi Everyone,   With the COVID-19 pandemic upon us, organizations are implementing their pandemic plans, many employees are working remotely and changes in vendor management are rapidly occurring. In the industry, it has raised lot of questions about pandemic planning and best practices and reminds us no organization is immune to business impacting events. It’s important now more than ever to ... More

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The professionals who take on the job of third party risk ensure the right steps are taken to protect their organizations from vendor risks and avoid costly regulatory enforcement actions. While risk comes in many forms - a good third party risk management program can help address financial, reputation, credit, operational risk and much more during the business lifecycle. 

This dedicated and free community is open to those involved in or running third party risk management programs at their organization. Inside you have the opportunity to network, share stories, ask questions, give advice and gain access to a vast library of educational content, webinars and training opportunities. 


Latest Articles

  • Catch up on these latest third-party risk resources and articles our experts recommend during the month of July to make sure you're staying on top of the latest vendor management industry news.
  • The best approach to handling vendor questionnaire dilemmas is to find out what the problem is and come up with a solution. I know that seems simple, but I also know that sometimes third-party risk professionals fall into a bad habit of repeatedly knocking on a vendor’s door sending the same template request over and over again. Then, when that doesn’t work, they go right to escalation.
  • Why do we want to go into a relationship thinking about the exit?