Third Party Risk Management Bundle

Compliance is a fundamental pillar to effective risk management at any company. However, simply complying with laws and regulations without considering the broader threat landscape can result in disaster. Certainly, a balance between compliance and risk is necessary. Ensuring compliance represents an organization's starting point, not the endgame, should be a priority. On this self-study program you will learn how forward-thinking organizations have concluded that the goal of total protection is elusive and that a risk-based approach to governance and management of cybersecurity is necessary. That is easier said than done, as the way most information security professionals measure risk today fails to quantify threats in terms the business can understand and use. Participants who pass the exam will earn 1 CPE Credit from this program.

Over 90% of the world’s data has been generated in the last few years. Accompanying this rapid growth in data comes exponential risks, as witnessed by the spike in cyber attacks of which no organization seems immune. The financial rewards gained by the perpetuators of cyber attacks is blatant, and this is driving continued attacks on companies containing massive amounts of consumer data. For these companies securing data is only half the battle. The risks can be greater when data is transmitted externally, hence it is critical that organizations know where sensitive data is going, how it is being transmitted, and how it is being handled and stored.

Under the weight of new and changing regulations around the world, many organizations struggle to achieve compliance. They often lack a holistic view of their compliance profile and face increasing challenges due to digital transformation. Chief Compliance Officers who take a top-down approach are often met with resistance, but a successful program requires management to actively participate, not just sign off. Organizations can no longer afford to apply check-the-box approaches to compliance. Executive management must take a variety of actions to demonstrate leadership and commitment to the company’s compliance management program.