Key takeaways
Host: Walter Hoogmoed, principal, Deloitte & Touche LLP
Presenters: Emily Fesnak, senior consultant, Deloitte & Touche LLP
Nicole R Johnson, advisory manager, Deloitte & Touche LLP
David Pompei, senior manager, Deloitte & Touche LLP
1.0 Overview CPE credit | Specialized Knowledge
The importance of third-party risk management (TPRM) is growing as organizations expedite their business strategies. However, the reliance on third parties can increase risk and need efficient management. Traditional TPRM methods are now insufficient due to increased operational disruption and data security risks. We’ll discuss:
- How reliance on third-party ecosystems increases risk of disruption and data security breaches
- Why traditional approaches to TPRM are no longer sufficient in today’s interconnected business environment
- Deloitte’s perspective on increasing business efficiency while mitigating third-party ecosystem risk
Meet the host
Walter L. Hoogmoed, Jr.
Walter is a Deloitte Risk & Financial Advisory principal and leader of Risk and Third-Party Risk services for financial services at Deloitte & Touche LLP. He helps clients transform risk management across areas of cyber risk and third-party risk, including cyber strategy and governance, technology risk, regulatory compliance, and more. He also specializes in broader extended enterprise risk management, and has worked with most of the world’s leading banking institutions. Walter leads Deloitte’s innovation efforts for Third-Party Risk in the financial services industry.
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