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Staying on Top of Vendor Management News: Week of Sept 11

Sep 15, 2017 by Branan Cooper

Keeping up with the latest news in third party risk is important for your vendor management program. This past week - week of September 11 - has been especially eventful. Make sure to check out our list of top articles below to help keep you updated.

Articles From Week of September 11 to Check Out

The fallout begins for Equifax: Read here

Equifax blames vendor software flaw as source of the breach: Read here

Legal analysis of the implications of the Equifax breach: Read here

Reputation risk to banks thanks to Equifax breach – please read carefully: Read here

Equifax and password lunacy: Read here

OCC officially says not yet ready to consider applications for FinTech charters: Read here

CFPB touts $14 million in relief returned to consumers for UDAAP violations so far in 2017: Read here

South Dakota passes Delaware as the corporate capital for lawsuits: Read here

Headwinds against regulatory reform, NAFCU says: Read here

Op-Ed piece – not so much to share the opinion but some interesting educational information in it – on whether credit unions should be regulated by the CFPB: Read here

The importance of an effective compliance management system (CMS) – mentions third party oversight as well: Read here

The nexus of reputation risk and due diligence: Read here

To learn how you can minimize your vendor cybersecurity risk and the possibility of security breaches, download our helpful infographic.

Preparing for Vendor Cybersecurity in 2017

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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