Navigating Third-Party Risk Management

IoD Isle of Man

Join a local 'Develop' opportunity discussing the importance of third-party risk - from fundamentals to boardroom strategies.

1886 Bar & Grill

As businesses increasingly rely on third parties for critical aspects of their operations, the importance of understanding and mitigating third-party risks cannot be overstated.This session will offer attendees practical steps to better manage third party risk, an insight into cyber vulnerabilities and how to safeguard reputational risks.Learning outcomes <ul><li>Introduction to third-party risk management</li><li>Real life case studies of supply chain breaches and attacks affecting various industries</li><li>Cost benefits</li><li>How to adopt third party risk management at board level</li></ul> Guest speaker3VRM is a specialist third party risk consultancy firm, which brings vast experience from the cyber and TPRM fields to equip clients with practical steps to evaluate and enhance their approach to these critical topics.As former industry practitioners on these topics, 3VRM provide actionable insights that enable businesses to strengthen their resilience against third-party risks.3VRM will be represented by Daniel Crease, a Director at 3VRM who has led Third Party Risk and related Supply Chain topics globally at HSBC, Deutsche Bank and Barclays over the last 20 years.FormatA buffet lunch will be available on arrival from 12:30pm in The Loft.We will aim to start the presentation at 1pm, with a view to closing at 2pm.There will be time for a short Q&amp;A following the presentation and 3VRM will remain on-site for a time after the presentation close.Tickets£5 member plus Eventbrite fee.£10 member guest promotion plus Eventbrite fee*£20 non- member plus Eventbrite fee.Booking two or more tickets, please contact rachel.mckenna@iod.com for an invoice.SponsorThe IoD Isle of Man branch is kindly supported by Lloyds Bank International.

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Navigating Third-Party Risk Management

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