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Staying On Top of Vendor Management News: Week of Dec 25

Dec 29, 2017 by Branan Cooper

It's the last week of the year and the vendor management news hasn't stopped. This week's headlines reflect back on 2017 and outline priorities for 2018. Not surprisingly, enforcement actions, data breaches and cybersecurity top the list. 

Articles From Week of December 25 to Check Out

Along with other rules, CFPB freezes implementation of prepaid rule (no surprise but wow, what confusion this must cause): Read here

Ernst and Young whitepaper on third party risk management (reaches many of same conclusions our survey did): Read here

Interesting article recounting the blow-by-blow steps of the Equifax breach: Read here

Even tweets by the president are shaping the future direction of the CFPB according to testimony in court over control of the bureau: Read here

CFPB’s new mission – protecting America from burdensome regulations: Read here

Will the Presidential tweet indicate lighter rulemaking but (ow!!!) tougher enforcement?: Read here

NCUA letter identifies supervisory priorities for 2018 – cybersecurity tops the list!: Read here

To prepare for proper vendor cybersecurity this year, download our infographic on 4 areas to pay attention to.

Regulatory Developments Impact Your Next Vendor Management Exam eBook

Branan Cooper

Written by Branan Cooper

Branan Cooper is the Chief Risk Officer at Venminder. Branan has nearly 30 years of experience in the financial services industry with a focus on the management of operational and regulatory processes and controls—most notably in the area of third party risk and operational compliance. Branan leads the Venminder delivery team as the third party risk management subject matter expert in residence. Branan also serves as an industry thought leader. He's a member of InfraGard and the Professional Risk Management Industry Association (PRMIA). And, he was selected in 2018 as an advisor to the Center for Financial Professionals (CEFPro) and board member for the Global Sourcing Resource Network (GSRN).

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