EAA Web Session ‘Third-Party Risk Management: Managing External Service Providers’

The nature of the risk management program in outsourcing lies in establishing a comprehensive framework to identify, assess, mitigate, and monitor risks associated with service outsourcing, safeguarding the organization’s interests. Its purpose is to ensure operational continuity, regulatory compliance, and the quality of outsourced services while minimizing negative financial, legal, reputational, or security impacts. The objectives are to identify inherent risks, evaluate and select reliable providers, effectively manage contracts, monitor performance through key indicators, ensure regulatory compliance, and strengthen cybersecurity, fostering a strategic relationship with providers to enable proactive and resilient management.
Anmeldeschluss: 2025-06-20