Corporate Synergies: Innovation in Third-Party Cyber Risk Management

Risk practitioners recognize that third-party security assessments are difficult. Typically, traditional due diligence methods in risk management fail to capture new and evolving risks, and the process of onboarding and verifying the cybersecurity posture of another organization is manual and doesn’t yield in-depth answers that can truly measure how secure a firm’s environment is. Third-Party Risk Management generally requires triaging a large number of vendors and making critical supply chain risk decisions based on imperfect information, which isn’t optimal or sustainable.

Join Samantha Santaniello, MMV’s Head of Platform, along with Fred Kneip, CEO of CyberGRX, and Susan Whittemore, MassMutual’s Head of Cyber Risk, as they discuss innovation in Third-Party Risk Management (TPRM), the power of utilizing robust data for TPRM models, and how firms can collaborate and share information when assessing risk.