Fourth-Party Vendor Oversight and How to Organize the Effort
Fourth parties are just as important as third parties.
They can have access to your confidential information and thus you must make sure that they understand your rules regarding the use and security of non-public information.
Monitoring a fourth party is a unique challenge and can be tricky, but there are steps you can take to demonstrate to the regulators that you have adequate procedures in place and made all reasonable efforts.
In this educational infographic, we'll walk you through fourth party oversight and how to organize your efforts.
Download the infographic for:
- Fourth party basics
- The 4 initial steps of fourth party oversight
- Which fourth parties you should be concerned with
- What to do with your list of fourth parties