2024 Leadership Vision for Third Party Risk Management (TPRM)
CISOs have a diverse array of rapidly evolving priorities, threats, demands, regulatory pressures, and technology changes to address. Leaders need a structured approach to today's security and risk landscape covering third-party risk. This blog sheds light on...
TPRM Awareness, upskill and cross skill
The security world is very diversified, with the majority of the organizations practicing defensive security while a few have adopted offensive security as well. Security professionals need to keep abreast with developments in Third Party Risk Management space and...
DPDP Act 2023 (India) and Third Party Risk Management (TPRM)
The impact of globalization, social networking, outsourcing, adoption of cloud and technologies, cross border data flows are some of the prominent reasons why data collection and sharing is ubiquitous in this digital age. Many countries have realized the importance of...
Polycrisis & Supply Chain Disruption – Global Risk Report 2023 (World Economic Forum)
The “Global Risks Report 2023, 18th Edition” produced by the World Economic Forum 2023 gives insights on the evolving global risks. “Global Risk is defined as the possibility of the occurrence of an event or condition which, if it occurs, would negatively impact a...
Tackling Fourth-Party Risks in TPRM
Third-parties are heavily reliant on their sub-contractors who are not thoroughly vetted due to a lack of stringent processes concerning Third-Party onboarding or it’s not a board decision yet. Often small and medium companies and in quite a few cases, large...
What is a Double Supply Chain Attack and how to minimize the associated risks with TPRM?
A Double Supply Chain Attack is an attack when an attacker targets two supply chain organizations in a sequence by intruding on only one vulnerable source. For example, if a software provider is compromised by the attackers and your organization uses that software,...
Risk exposure from Gen AI products from Third Parties and risk exposure
Generative AI is the buzzword in the IT industry and has gained attention and popularity in recent years. Applications using AI span from data analysis and virtual assistant to content creation and more. Many organizations are inclined to adopt the generative AI...
Growing Dependencies on Third Parties Are Disrupting Businesses
Owing to the strategic decisions, plans, roadmaps, mergers and acquisitions, business need to grow and expand which makes them heavily rely on Third Party Service providers, vendors, suppliers and partners. This definitely enables an organization to bring in...
IT Security Compliance in India and Digital Personal Data Protection Bill
Introduction Compliance in Information Technology is paramount in today’s data-driven and interconnected world. IT businesses in India have been aggressively going global leaving all past records behind. Today, adhering to the local IT security compliance regulations...