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Unlocking the Value of Third-party Risk Management | Blog

Everest Group

Organizations are increasingly relying on third parties for various functions to cut costs and leverage external expertise, which can introduce significant security risks. While outsourcing to third parties can help organizations enhance operations efficiently, it also introduces the risk of security breaches.

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Why organizations need to adopt an Integrated Third-Party Governance and Risk Management approach?

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jai Chinnakonda shares why every organization should adopt integrated third-party risk governance and management into their team structure. A report from Deloitte titled 'Third-party governance and risk management.

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Climate change as risk management strategy determinant

Risk Guide

The results of the analysis showed that climate risks and opportunities already have a clear monetary value and impact on MNE. For some EU countries, it will soon become mandatory to highlight climate risk management principles and approaches in annual reports. an increase of 1.5 °C, C, 2 °C, 4 °C in total temperature).

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A New Wave Of Governance: Automation Within The Public Sector

Zinnov

To optimize time and overcome this problem, Digitization helps optimize these processes by building process efficiency, increasing customer satisfaction levels, and improving team collaborations, among other things. In addition, countries in Western Europe and Eastern Europe are also rapidly digitizing government bodies.

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Contracts Hold the Key to Proactive Risk Management

SirionLabs

The Disconnect Between Contracting and Risk Management Surprisingly, knowledge of contract risk is limited among enterprises. This can be attributed to the fact that companies have largely relied on manual processes or point solutions and siloed risk management processes in their effort to mitigate risk.

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Contracts Hold the Key to Proactive Risk Management

SirionLabs

The Disconnect Between Contracting and Risk Management. Surprisingly, knowledge of contract risk is limited among enterprises. This can be attributed to the fact that companies have largely relied on manual processes or point solutions and siloed risk management processes in their effort to mitigate risk.

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Ways RPA Improves Efficiency of GRC Activities

V-Soft Consulting

To drive automation efforts, RPA has been a main strategy for many business functions to drive efficiency at optimal costs. One such critical business function is Governance, Risk, and Compliance (GRC). The Enterprise Governance, Risk Management, and Compliance Market was valued at $31.95