Recent breaches have shown us how consequential weaknesses in the vendor supply chain can be. It’s critical for banking institutions to mitigate risks that arise when they rely on third-party service providers for various applications, systems, infrastructure, and services. During this webinar, we’ll highlight updated guidance, discuss recent trends and best practices surrounding risk rating and review procedures. We'll also review challenges often encountered by institutions when managing their third-party risks. 

Topics include:

• Assess risks arising from third-party relationships
• Recognize the importance of implementing thorough procedures for due diligence and monitoring
• Review common challenges institutions face when managing service providers and ways to navigate these challenges 
• Apply knowledge of vendor management program components within your institution