- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2022-12-14T17:30:00
Companies can’t do it all in terms of managing every risk from every possible third party, panelists discussed during a session on due diligence at Compliance Week’s virtual Third-Party Risk Management (TPRM) and Oversight Summit.
To begin, businesses must define their vision and strategy, said Samira Duijnmayer, compliance manager and regulatory and financial crimes officer at Booking.com.
“Decide what’s your north star and work toward it,” Duijnmayer said. For example, if you want to mitigate bad financial outcomes, make sure to do what’s needed in the risk process to achieve that goal, she said.
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2023-02-10T14:00:00Z By Aaron Nicodemus
Respondents to a survey from Compliance Week and Dun & Bradstreet overwhelmingly indicated cybersecurity to be the most important compliance-related area affecting third-party risk management in the new year, though fraud and other risks should still be on their radar.
2022-12-15T18:00:00Z By Kyle Brasseur
Panelists discussing risk ownership at CW’s virtual TPRM and Oversight Summit share their experiences educating first-line leaders on their roles and responsibilities in the TPRM process.
2022-12-12T17:20:00Z By Aly McDevitt
A panel of experts at CW’s virtual TPRM and Oversight Summit offered a how-to primer on using data analytics to monitor third-party risk while also highlighting some caveats to implementation.
2025-03-10T20:56:00Z By Adrianne Appel
The public reported a 25 percent increase in losses–totaling more than $12.5 billion in 2024–to investment scams, tech rip-offs, and general fraud, according to an analysis by the Federal Trade Commission.
2025-01-08T17:13:00Z By Jeff Dale
Portuguese bank Novo Banco, S.A., fired Chief Risk Officer Carlos Jorge Ferreira Brandão “with just cause” after an internal probe discovered “suspicious financial transactions” in his sphere.
2024-12-30T14:57:00Z By Aaron Nicodemus
A prominent risk management firm has issued its predictions for the top five risks for business in 2025, along with guidance for how organizations should prepare and respond.
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