The recent banking crisisโ€”in which three mid-sized U.S. banks failedโ€”prompted just under half of compliance professionals across all industries to reassess their third-party risk management (TPRM) procedures, according to a recent survey conducted by Compliance Week and integrated risk management software provider Riskonnect.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...