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AI in Third Party Management - Why it Matters

Learn how AI-powered 4CRisk products accelerate third-party risk management processes.

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Synopsis

TPM teams, IT, Security, Boards and Regulators all have third-party risk at the top of mind today. As the recent global CrowdStrike outage so clearly demonstrated, the world is hyper-connected.  Whether we are working with suppliers, service providers, contractors, third-party agents or other vendors, organizations are focused on ensuring that risks are managed rapidly and effectively in the virtual TPM eco-system.

We can help you quickly assess the control efficacy of your third parties, given new threats and risks.  Join our webinar and let us show you how we can take all of your internal control documents and map them against SOCII, PCI reports and even laws.

Organizations need to show alignment with these international standards, not only to be compliant and keep their organizations secure, but also to give assurances to their customers, partners and regulators.

Join our panel of industry experts including Michael Rasmussen from GRC 20/20 and Tom Garrubba from Flagstar Bank, along with 4CRisk executives Supra Appikonda and Susan Palm as they share how organizations can leverage AI to accomplish Third-party assessments faster and with more efficiency – in days rather than months.

Guest :
Michael Rasmussen
GRC Analyst & Pundit, GRC 20/20

Michael is an internationally recognized pundit on governance, risk management, and compliance (GRC). With 27+ years of experience, He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” — being the first to define and model the GRC market in 2002 while at Forrester. Specialties: GRC (Governance, Risk & Compliance), compliance management, risk management (e.g., strategic, operational, legal, compliance), business ethics, corporate governance, investigations, corporate policy management & communication, corporate social responsibility.

Michael Rasmussen
,
GRC Analyst & Pundit, GRC 20/20

Michael is an internationally recognized pundit on governance, risk management, and compliance (GRC). With 27+ years of experience, He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” — being the first to define and model the GRC market in 2002 while at Forrester. Specialties: GRC (Governance, Risk & Compliance), compliance management, risk management (e.g., strategic, operational, legal, compliance), business ethics, corporate governance, investigations, corporate policy management & communication, corporate social responsibility.

Tom Garrubba
FlagStar, Cyber and Third Party Management Executive

Tom Garrubba is an internationally recognized expert in Third Party Risk Management (TPRM) and Supply Chain Risk (SCR), with over 25 years of experience in TPRM/SCR, cybersecurity, operational resilience, privacy, governance, audit, and compliance. A cyber executive, board member, and educator, he shares his expertise through his "TPRM Tidbits" webcast on LinkedIn and industry conferences. Tom serves on various corporate and advisory boards, is an adjunct professor at Robert Morris University (starting Fall 2024), and holds the rank of 1st Lieutenant in the US Civil Air Patrol. His insights have been featured in major publications like Forbes, Bloomberg, The Washington Examiner, The Huffington Post, SC Magazine, Corporate Compliance Insights, Risk.net, CIO Magazine, Government Health IT, Future of Outsourcing Magazine, and ISACA, and he has authored a chapter on third-party risk for the Risk.net book "Cyber Risk."

Tom Garrubba
,
FlagStar, Cyber and Third Party Management Executive

Tom Garrubba is an internationally recognized expert in Third Party Risk Management (TPRM) and Supply Chain Risk (SCR), with over 25 years of experience in TPRM/SCR, cybersecurity, operational resilience, privacy, governance, audit, and compliance. A cyber executive, board member, and educator, he shares his expertise through his "TPRM Tidbits" webcast on LinkedIn and industry conferences. Tom serves on various corporate and advisory boards, is an adjunct professor at Robert Morris University (starting Fall 2024), and holds the rank of 1st Lieutenant in the US Civil Air Patrol. His insights have been featured in major publications like Forbes, Bloomberg, The Washington Examiner, The Huffington Post, SC Magazine, Corporate Compliance Insights, Risk.net, CIO Magazine, Government Health IT, Future of Outsourcing Magazine, and ISACA, and he has authored a chapter on third-party risk for the Risk.net book "Cyber Risk."

Moderator :
Supra Appikonda
Co-Founder and COO, 4CRisk.ai

Supra is a business leader with over two decades of proven track record in leading large-scale software implementations, service excellence and strategic partner alliance. Supra has worked extensively with the world’s best Professional Services and Consulting brands to deliver high-value solutions leveraging data and analytics to the fortune 500 clients.

Supra Appikonda
,
Co-Founder and COO, 4CRisk.ai

Supra is a business leader with over two decades of proven track record in leading large-scale software implementations, service excellence and strategic partner alliance. Supra has worked extensively with the world’s best Professional Services and Consulting brands to deliver high-value solutions leveraging data and analytics to the fortune 500 clients.

Susan Palm
Chief Revenue Officer, 4CRisk.ai

Susan is the epitome of a customer advocate, and she has the first-hand experience to understand the needs of the customer and translate those requirements into innovation solutions. As an executive and advisor at several Fortune 100 companies and B2B SaaS startups, she has 30+ years leading teams focused on Compliance, Regulatory Affairs, InfoSec, Risk Management, Sales, and Customer Success. She has successfully defended Compliance programs to the OCC, Federal Reserve and FDIC, and leveraged this experience to help shape GRC products. Ms. Palm led both sales and customer success teams, earning recognition for exceeding goals and retaining customers. Susan also serves as an Executive Advisor for PeopleShores and Data Safeguard. She received her B.A. in Economics from Lawrence University, and graduated from Stanford University’s Graduate School of Business’ Executive Management Program.

Susan Palm
,
Chief Revenue Officer, 4CRisk.ai

Susan is the epitome of a customer advocate, and she has the first-hand experience to understand the needs of the customer and translate those requirements into innovation solutions. As an executive and advisor at several Fortune 100 companies and B2B SaaS startups, she has 30+ years leading teams focused on Compliance, Regulatory Affairs, InfoSec, Risk Management, Sales, and Customer Success. She has successfully defended Compliance programs to the OCC, Federal Reserve and FDIC, and leveraged this experience to help shape GRC products. Ms. Palm led both sales and customer success teams, earning recognition for exceeding goals and retaining customers. Susan also serves as an Executive Advisor for PeopleShores and Data Safeguard. She received her B.A. in Economics from Lawrence University, and graduated from Stanford University’s Graduate School of Business’ Executive Management Program.

Michael Rasmussen

GRC 20/20 Research, LLC

The GRC Pundit & Analyst

Tom Garrubba

FlagStar

Cyber and Third Party Management Executive

Supra Appikonda

4CRisk.ai

Co-Founder and COO

Susan Palm

4CRisk.ai

Chief Revenue Officer

Attendees of this webinar will gain awareness of how their organizations can:

  • Understand the Challenge: What Third-party, IT and Security teams must do to address top priorities by leveraging frameworks to ensure adequate controls are in place across their virtual eco-systems.  
  • Deep Dive into the Use Cases: See how 4CRisk.ai’s AI-Powered products help organizations understand how their vendors comply with their internal obligations, policy and control framework by comparing vendor documents, such as SOCII, in days, rather than months.
  • Imagine More Use Cases: How TPM professionals can use AI to compare their compliance program by comparing their vendors’ contract drift from their external obligations to their internal control environment by matching rulebooks (regulations, rules, and laws) to applicable governance artifacts (policies, procedures, contracts and controls.
  • See The Benefits: Quickly understand opportunities to use the power of AI to lower the burden of repetitive and tedious manual work on your third party, regulatory, risk, and compliance professionals.

Agenda:

  • Introductions - 5 mins
  • Challenges in Third Party Risk - 15 mins
  • How AI Can Make a Difference - 5 mins
  • 4CRisk Demonstration - 15 mins
  • Discussion - 10 mins
    • Use Cases in Third-Party Management
    • Measuring ROI and Delivering Value
    • AI Governance
  • Questions & Answers - 5 mins

Interested in our product?

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