Prevalent - Third-Party Risk Management’s Post

🤔 Understanding the amount of risk your organization is willing to accept from vendors, suppliers, and other third parties is vital to your TPRM program and to your organization's overall operations and objectives. A clear third-party risk appetite can support your TPRM due diligence efforts, decision-making processes, and more. But with the seemingly endless variables to defining third-party risk appetite and risk tolerance, how do you know what the best approach is for your organization? Join Bob Wilkinson, CEO of Cyber Marathon Solutions and former CISO at Citigroup, on July 25 as he leverages his experience to show you how to calculate a third-party risk appetite that's right for your business. https://buff.ly/4cYunzW In this webinar, Bob will: 🤔 Explain the difference between risk appetite, risk tolerance, inherent risk, and residual risk 🧮 Examine why you need to calculate risk appetite as part of your TPRM program 📊 Identify standard definitions, levels, metrics, and reporting that should be included in your calculations 🔎 Define how to identify your organization's inherent and residual risks ⚡ Demonstrate the steps to take to calculate and present your risk appetite statement Calculating your third-party risk appetite will strengthen your TPRM program and support your business objectives. Register for this webinar to learn first-hand from a leading TPRM expert! #TPRM #VendorRisk #RiskManagement #RiskAppetite

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics