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Insights on Third-Party Risk and Dependency Mapping
Short, practical writing on where your business is exposed - and how leading teams close the gap.
Latest Insights
Making third-party risk part of Insurers’ strategic decisions
Picture a severe storm sweeping across a province. Claims volumes climb within hours. The outsourced claims administrator cannot reach its operating location. Its technology provider then suffers an outage, and the claims records become unavailable. Each of these risks sits in a register somewhere. On the day of the storm they converge on a single service: paying customers when they need help most.
Does Your Cyber Insurance Cover a Supplier Incident?
When a supplier goes down, the first question is "are we covered?". The answer depends on which services rely on which suppliers, and their suppliers. Here is how dependency mapping shapes cyber insurance cover.
What if your suppliers won't answer your risk assessments?
Imagine you have sent a security questionnaire to a supplier that handles part of your customer service. You have followed up twice and explained why the answers matter. Months later, the responses are still incomplete, or the supplier has politely declined to take part. Your business still relies on that supplier every day, and you have to decide what to do next.
Preparing for the “What If” Moment
The rise in third-party related data breaches is testament that third-party risk management must evolve into third-party resilience. By understanding your dependencies, anticipating how incidents could affect the business and testing your ability to respond and recover.
When Vendor Risk Becomes a Real Event
Third-party risk management has traditionally focused on assessing vendors before they are appointed and reviewing them periodically thereafter. These assessments remain important, but they only provide a view of a vendor’s risk at a particular point in time. Effective vendor incident reporting and management help protect the organisation when that risk becomes a real event.
Necessary Evil or Competitive Advantage
Third-Party Risk Management is often treated as a necessary evil but when done properly, it can help a vendor demonstrate that its cybersecurity investments are delivering the intended protection, identify opportunities for improvement and give customers greater confidence in the service they depend on.
You Closed Fourteen Findings This Quarter. Did It Matter?
A third-party risk management lead walks into a quarterly review with a clean report. Fourteen findings closed. Three overdue actions cleared. Residual risk trending down across the vendor population. It is the kind of slide that usually earns a nod and a move to the next agenda item
The 400-Hour Vendor Risk Problem
Most SMEs cannot justify a standalone TPRM team, and the risk itself touches so many parts of the business that some distribution of ownership makes sense on paper.
The Missing Context Behind Every Vendor Risk Score
The practical steps towards understanding what a supplier risk really means for the business.
The School Yard Bully.
When a Supplier Refuses to Be Assessed
Streamlining Vendor Risk Automation for Small and Medium Businesses
Managing vendor relationships can feel like walking a tightrope. One misstep, and your business could face compliance issues, security breaches, or operational disruptions.
Trust Is the Real Product of Third-Party Risk Management
For many organisations, third-party risk management has come to mean audits, questionnaires, evidence requests, and remediation plans. Suppliers, understandably, often experience it very differently.
The Invisible AI Supply Chain
AI has become one of the most accessible technologies a business has ever had access to. An SME today can sign up for an AI powered CRM, an accounting platform, a customer service chatbot, a cybersecurity tool or a document management system in a matter of minutes. More and more of these platforms now come with built in AI assistants and autonomous agents that can analyse data, generate reports, make recommendations and even carry out tasks on their own.
Streamlining Your Online Vendor Onboarding Process
Managing vendor relationships can be a complex task, especially for small and medium-sized businesses. The key to success lies in how efficiently you onboard your vendors. A smooth onboarding process not only saves time but also reduces risks and ensures compliance.