Tagged: ESG third party risk

The Evolution of Third-Party Risk Management

Third-party risk management is a favorite topic for compliance professionals.  And for good reason.  Third parties create significant risks.  To state the obvious, companies have less control over third parties than employees. But for many reasons companies engage third parties as a more effective solution than hiring employees.  In this situation, risk multiplies exponentially. The third-party risk issue, however, has multiplied exponentially for a number...