The Importance of Third-Party Risk Management
Editor's Note: This podcast was originally published on Risk Management: Brick by Brick and can also be listened to on Apple Podcasts, Spotify, and Youtube.
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On the latest episode of Risk Management: Brick by Brick, Jason Reichl is joined by Brad Hibbert, the COO and CSO at Prevalent Inc., a company that provides third-party vendor risk management solutions to eliminate security and compliance exposures.
In this episode, Jason and Brad explore prioritization, automation, ongoing monitoring, and continuous improvement in managing risks, and discuss the incorporation of AI into risk management programs.
To find out how TrustLayer manages risk so that people can build the physical world around us, head to TrustLayer.io.
Podcast Host: Jason Reichl
Executive Producer: Don Halliwell
Episode Highlights:
- 00:00 - Intro
- 02:04 - Biggest Risks to Businesses in 2024
- 07:35 - New Technologies and Methods to Mitigate Risk
- 10:16 - The “Bottom Up” Approach to Risk Management
- 15:01 - The Importance of Velocity When Closing Down Risk
- 16:33 - Quick-Fire Risk Assessments
- 18:18 - Outro