Survey Report: Top TPRM priorities in 2023
Provided by Dun & Bradstreet2023-02-09T02:52:00
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.
The poll, conducted online between October and November 2022, garnered 179 total responses from compliance professionals. It found 41 percent of respondents said cybersecurity was their top risk management priority within their third-party relationships in 2023.
This report analyzes the results of the survey, including:
- How respondents view third-party data most critical to assessing business relationships
- The standing of environmental, social, and governance (ESG) matters as an emerging risk
- What compliance professionals view as the most damaging consequence of poor third-party risk management