Your Vendor Just Added AI. Now You Have a New 4th-Party Risk.In March 2026, security researchers traced a supply chain compromise through LiteLLM, an open-source gateway that sits between enterprise applications and Jul 11 26July 11, 2026Article at visotrust.com
Best Third-Party Risk Management Software in 2026The best third-party risk management software in 2026, compared across automation, monitoring, and compliance coverage. Jul 11 26July 11, 2026Article at visotrust.com
The Critical Role of Risk Quantification in Third-Party Risk Management (TPRM)Effective third-party risk management can make or break your organization’s financial health. Every company has an intricate web of third-party relationships – including software vendors, critical suppliers, and service partners – that perform vital… Aug 07 24August 07, 2024Article at Prevalent
CrowdStrike Outage: Lessons for Third-Party Vendor Risk Management ProgramsCybersecurity vendor CrowdStrike pushed an update to the Windows versions of its software that ended up causing computer systems worldwide to crash. Use our free assessment to determine the impact of the incident on your vendor universe. In the early… Jul 19 24July 19, 2024Article at Prevalent
The Change Healthcare Attack: Why Catastrophe Planning Needs to be Part of Third-Party Incident ResponseOn February 21, 2024, Change Healthcare, the largest healthcare payment, and revenue cycle management provider in the country, shut down more than 100 services in response to a ransomware attack from BlackCat/ALPHV. Since then, healthcare providers… Apr 18 24April 18, 2024Article at Prevalent
The European Union Artificial Intelligence Act and Its TPRM ImpactThe European Union today approved sweeping AI regulations, set to go into effect in 2026. Here we take a deep dive into how this will impact your TPRM program. Today, the European Parliament passed one of the first regulations governing artificial… Mar 13 24March 13, 2024Article at Prevalent
What Are Vendors & Suppliers in Third-Party Risk Management? Understanding the difference between a vendor and a supplier is important for your third-party risk management program. Both need tracking and risk mitigation, but they should be evaluated differently. Every company has vendors, and every company has… Feb 01 24February 01, 2024Article at Prevalent
Global AI Regulations and Their Impact on Third-Party Risk ManagementWorld governments and standards bodies have started to respond to AI technologies with new compliance regulations and frameworks, which will have a broad impact on third-party risk management in the months ahead. Regulation of artificial intelligence… Jan 04 24January 04, 2024Article at Prevalent
Ten Ways to Improve Governance and Oversight of Third-Party Risk ManagementGovernance and oversight are essential for any third-party risk management (TPRM) program. It is crucial to find and monitor important suppliers and their weaknesses. However, even the most organized third-party risk manager can struggle with… Nov 08 23November 08, 2023Article at Prevalent
Third-Party Risks that Should be on Your 2024 RadarThird-party relationships are increasingly in the news. And not for good reasons. Third party-related data breaches are up, supply chains remain strained because of geopolitical and labor-related issues, and there are still problems with retaining… Oct 09 23October 09, 2023Article at Prevalent