Third Party Continuous Monitoring: Benefits & Best Practices w Michael Rasmussen

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Presented by

Michael Rasmussen, GRC Pundit, GRC 20/20 & Wes Loeffler, Senior Product Manager, Archer

About this talk

Third-party risk is a growing concern for businesses. Increasing reliance on vendors has resulted in a heightened risk landscape that spans from data breaches to compliance violations. In addition, with the increasing significance of environmental, social, and governance (ESG) factors, many organizations must also ensure third-party suppliers’ adherence to their ESG objectives. Despite these challenges, many organizations still rely on traditional methods of risk management such as onboarding controls and infrequent assessments. However, given the pace and complexity of modern business operations, these methods may not be sufficient. To effectively manage risks from third-party vendors, organizations must incorporate continuous monitoring into their risk management strategy. This method requires ongoing, proactive monitoring of vendors throughout their lifecycle to ensure timely and accurate insights into associated risks. Join us for this webinar to: • Learn how continuous monitoring can transform your organization’s third-party risk management strategy. • Discover best practices for implementing continuous monitoring most effectively. • Explore how Archer can elevate your third-party risk management program to keep you ahead of third-party risks.
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As true pioneers in GRC and integrated risk management (IRM) software, Archer is dedicated to helping our customers effectively and efficiently manage risk and compliance across domains, from traditional operational risk to emerging issues such as ESG. With over 20 years in the risk management industry, Archer experience and expertise drives solutions that enable our customers – including half of the Fortune 500 -- to improve strategic decision-making for the business. For more information, visit www.ArcherIRM.com & follow @Archer Integrated Risk Management on LinkedIn.