The Shared Assessments Program, a third party risk assurance consortium, announced a new addition to its Third Party Risk Management Framework covering the subjects of periodic assessments and continuous monitoring.
Periodic assessments and continuous monitoring lie at the heart of the “Trust, but Verify” model, uniformly recognized as the gold standard for vendor assessments. The module explores the changing relationship between periodic assessments and continuous monitoring and examines solutions to the problems organizations are reporting when implementing continuous monitoring programs focused on threat intelligence.
Topics explored include virtual and open house assessments, brokered assessment repositories, assurance portals, collaborative assessments, and assessment load leveling.
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