A digital bank aiming to enter the Saudi Arabian market encountered challenges in meeting regulatory requirements, particularly around third-party risk management as mandated by the Saudi Arabian Monetary Authority (SAMA). Although the bank had developed a strong service offering and relied on a network of over 40 third-party vendors, it needed to demonstrate effective risk assessment and mitigation processes to progress with its license application. This case study outlines how Defentrix supported the bank in addressing these requirements by helping assess vendor risks, align with regulatory expectations, and prepare for submission to SAMA.
Easing Zero-Day Vulnerability through TPRM
Zero-Day and Third-Party Risk Management (TPRM) What is a Zero-day vulnerability? Security vulnerabilities are not discovered immediately. The third...
