This webcast aired on November 16, 2023.
CPE Credit(s): 1
Third-party risk management (TPRM) and third-party due diligence (TPDD) programs share a common goal: evaluating if a third party is safe to do business with. However, each program defines “safe” in a very different way and evaluates unique risk domains to make their decision.
Risk management programs prioritize cybersecurity, privacy, and business resilience risks, while due diligence programs specialize in ethics- and compliance-related risks.
In this webinar, we’ll discuss the unique competencies of third-party risk and due diligence programs and examine when and how to align them to maximize the effectiveness of each. Attend to learn:
- The primary goals of successful TPRM and TPDD programs
- The differences between the two discipline areas
- Details about the unique risk domains for both programs
- How to align your TPRM and TPDD programs to gain workflow efficiencies
Nikki Stoy, TPRM Specialist – OneTrust
Desmond Campbell, Director Third-Party Risk – Project & Procurement Consultancy Ltd