Enhancing Third-Party Assessments to Mature Risk Management (Webinar Recording)

Third parties present substantial risk to organizations. One of the ways to mature risk management is by enhancing third-party assessments during contracting and throughout the third-party relationship. In this webinar, Crowe specialists discuss the assessment process, including critical areas such as:

  • Collaboration and communication within the organization and with third parties
  • Scoping of the assessment
  • Identification of risk factors
  • Assurance of control ownership and risk mitigation
  • Accountability for remediation of issues
  • Organization and consolidation of assessment information for analysis
  • Improving vendor relationships and expanding the extended enterprise partnership through assessments
  • Demonstration and ongoing visibility of risk reduction through the assessment process