For the first time, financial institutions rank Artificial Intelligence risk on par with cybersecurity as their top third-party concern, according to Ncontracts, Nashville, Tenn.
Tag: third-party risk management
Why Audit Rights Are Essential to Your TPRM Program
Audit rights are a critical but often overlooked component of a strong third-party risk management program, Ncontracts’ Cheryl Grizzard writes.
Mortgage Companies Face Unique TPRM Challenges in Vendor-Heavy Landscape
Third-party relationships have become a business necessity across the mortgage industry. They’re also a potential minefield of regulatory scrutiny and cybersecurity threats, Ncontracts’ Rafael DeLeon writes.