Look inside the guide:
Make headway so that your group operates formalized information security programs and processes as vulnerability management, risk assessment, third party assessments, system hardening and security requests.
Benefits
- Make the TSP risk management process more efficient and get better value out of the effort.
- Foresee how your use of key risk management products evolves in the next two years.
- Embed risk management into existing business processes.
- Reduce third party risk to your organization without slowing down the business.
- Conduct the appropriate level of third party due diligence, risk monitoring and early indication reporting.
- Manage the risk and remain compliant when you engage a third party.
- Ensure your CSP has implemented security controls to mitigate third party risks.
- Convince the line of the value of risk management and drive change.
- Start setting up the right systems that will work securely throughout a potential transaction.
- Make the TSP risk management better align with the business strategy and effectively manage risks.
Summary
The Art of Service has identified and prioritized Third Party Risk Management critical capabilities and use cases to assess and use. Leaders can select those results that best align with their business needs before implementing a solution.
The Art of Service's Critical Capabilities evaluates and prioritizes hundreds of results to help with the outcome selection process.
This Critical Capabilities guide will enable leaders to shortlist hundreds of appropriate results fast, because they are uniquely ready-to-use prioritized, starting with the 'Must Have' category; the most urgent and critical priorities.
This Guide will help you plan and manage your Third Party Risk Management roadmap.
Table Of Contents
About The Art of Service
Third Party Risk Management Critical Capabilities, Meaningful Metrics And Their Prioritization
Background
Prioritization Of Requirements
The Prioritization Categories Are:
- Must Have
- Should Have
- Ought to Have
- Might Have
- Could Have
Use In New Product/Service/Process Development
Benefits
The Critical Third Party Risk Management Capabilities And Their Priorities:
- Priority - Must Have #
- Priority - Should Have #
- Priority - Ought to Have #
- Priority - Might Have #
- Priority - Could Have #
Index
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