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Third-Party Vendor Risk Management

Third-Party Vendor Risk Management

Comprehensive third-party vendor risk management (TPRM) strategy identifies, tiers and continuously monitors suppliers, aligning with GDPR, NIS2, DORA, ISO 27001 and SOC 2. Automating questionnaires, security ratings and analytics streamlines compliance, resilience and data protection.

Credit Risk: ESA Update Credit Assessment Mapping

Credit Risk: ESA Update Credit Assessment Mapping

The ESA's updates to ITS on ECAIs mark a major advancement in EU credit risk management. Key impacts include recalibrated credit ratings affecting banks, insurers, and investment firms. This necessitates revised risk models, diligent monitoring, and staff training.

Basel III Implementation: EU and UK Diverge

Basel III Implementation: EU and UK Diverge

The UK's strategic adoption of Basel III regulation, led by the Bank of England, is set for mid-2025, following the EU's early 2025 implementation. Key focus areas include the output floor, securitization capital surcharge, and synthetic securitizations under the STS framework.

Annual Loss Expectancy in Quantitative Risk Analysis

Annual Loss Expectancy in Quantitative Risk Analysis

In the digital age, mastering Annual Loss Expectancy (ALE) is essential for cybersecurity risk management. This guide delves into ALE's role in risk assessment methodologies, exploring qualitative and quantitative approaches, and advocating for a balanced strategy.

Compliance Risk Assessment: A  Guide for Businesses

Compliance Risk Assessment: A Guide for Businesses

Compliance Risk Assessment is essential in modern business, ensuring adherence to evolving legal standards. Frameworks like COSO are crucial, focusing on principles-driven approaches for risk management and operational resilience

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