Third Party Continuous Monitoring: Benefits & Best Practices

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.

GRC 20/20 Analyst will be presenting at the event . . .

GRC 20/20 ResearchMichael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 30+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” – being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.

Webinar Host

Archer empowers organizations to manage multiple dimensions of risk on one platform with on-premises and SaaS offerings, and quickly implement industry-standard processes and best practices for advanced risk management maturity, informed decision-making and enhanced business performance. Archer has been recognized as a Leader in the most recent Gartner Magic Quadrant reports for IT risk management, IT vendor risk management tools and business continuity management program solutions, worldwide.