third-party risk management bootcamp

Effective vendor risk management is essential to protecting your organization, customers and all proprietary information. It ensures you have taken all of the necessary steps to identify, assess and manage third-party risks that can lead to better vendor relationships and better preparation for any unexpected events. While it’s a sound business practice that can protect your organizations reputation, it’s also highly regulated and failure to implement an adequate program can result in enforcement actions or fines.

Join our third-party risk experts for our popular bi-annual bootcamp where we'll discuss the latest trends and show you just “how” to accomplish some of the most challenging vendor risk management tasks.

Register Now

DAY ONE
September 8, 2020

Session 1:
1-2pm ET

Third-Party Risk Management in a Pandemic World
Current events around the world have highlighted just how important third-party risk management is. Regulators across all industries are intensely watching and tracking how organizations are managing their vendors. The presenter will cover related regulatory guidance and expectations along with how consequences of vendor financial strain, business continuity and disaster recovery preparedness and cyber risks play into your reputation.
By Dana Bowers, Venminder

The Third-Party Risk Management Lifecycle
There's a definite lifecycle to effective vendor risk management that can serve as your guide to putting comprehensive processes in place. How in-depth you go in each stage is based on the level of risk and complexity of the relationships. In this session, the presenter will set the scene for the bootcamp by reviewing the stages in the continuous lifecycle.
By Nicole O'Brien, Venminder

Session 2:
2-3pm ET

A Vendor Due Diligence and Oversight Dive
Due diligence and the ongoing monitoring and oversight of your vendors are critical components of your third-party risk management program. Done right, it can help you determine how risky the vendor is, how prepared they are for the unexpected and, ultimately, make or break a relationship. In this session, the presenter will cover the activities that should be considered, how criticality and risk of a vendor can influence how much due diligence you do, the various oversight items to consider and why it all is not just a “check-the-box” item.
By Gordon Rudd, Venminder

Contract SLAs and Why They're More Important Than Ever
Service Level Agreements (SLAs) define the obligations of your third parties to provide documentation or maintain a certain level of performance. With the current pandemic ongoing, if your vendor fails to meet SLA provisions during this time, it may trigger the need to exit the relationship.
By Kelly Vick, Venminder


DAY TWO
September 9, 2020

Session 3:
1-2pm ET

Vendor Cybersecurity Preparedness – Don't Let Vendors Become Your Weakest Link
Cybersecurity is a hot button issue, especially in the current environment. By reviewing your vendor's cybersecurity posture, you can verify that they have adequate measures in place to protect your data in all situations and make risk-informed decisions if they are not. In this session, the presenter will cover what to review on your vendor's cybersecurity to learn if they are prepared to prevent, detect and respond to cybersecurity issues in the current pandemic and beyond.
By Lisa-Mae Hill, Venminder

Understanding and Analyzing Vendor SOC Reports 
Collecting, analyzing and understanding your vendor’s SOC reports is crucial to ensure the vendor is a safe partner. It's expected that you have your third party’s actual SOC reports on file, as well as a qualified review of the audit reports acknowledging your understanding of strengths and weaknesses. In this session, the presenter will cover the different type of SOC reports, when to review them and what to look out for.
By Desiree M. Ericksen, Venminder

Session 4:
2-3pm ET

Vendor Business Continuity and Disaster Recovery 
As the latest challenging environment reminds us, no organization is immune to business impacting events, so it's critical both you and your vendors are prepared. In this session, you will learn what procedures your vendor needs to have to handle a business impacting event and how to ensure that they've taken precaution and tested those plans.
By Gordon Rudd, Venminder

Red Flags in Vendor Financial Health
Financial viability of your vendor is the backbone to your vendor’s overall performance. The current environment is having a major impact on businesses of all sizes – some third parties may not survive or be able to maintain the level of service you need. In this session, learn what documents to collect on your vendor to review their financial health, the key information to review and the red flags you need to be carefully watching out for.
By Mike Bowers, Venminder


DAY THREE
September 10, 2020

Session 5:
1-2pm ET

How to Review a Vendor’s Pandemic Plan
The recent COVID-19 pandemic has shown importance of third-party risk management. Knowing your vendor has a pandemic plan is an important component to protecting your overall business operations for current and future events. In this session, the presenter will cover how your vendor’s pandemic plan protects you, 5 components that should be included in a pandemic plan and steps to help you through the review process.
By Aaron Kirkpatrick, Venminder

Session 6:
2-3pm ET

Third-Party Risk Management Exam and Audit Prep 
Exams and audits do not stop, even for the current pandemic situation. This session will give participants practical guidance on how to set their third-party risk management programs up for successful exams and audits. Participants will learn how to prepare for an audit and exam, mistakes to avoid and come away with tips and tricks for how to handle the inevitable "findings" that result from exams and audits. 

By Nicole O'Brien, Venminder 

Tying It All Together for an Effective Third-Party Risk Management Program
It’s important to know how to bring everything together as a strong policy and program can drive success in your third-party risk management. In this final session, the presenter will cover best practices to implement, common mistakes we see, what the regulators are saying and will expect and recap some of the key takeaways from this bootcamp.
By Dana Bowers, Venminder


SPEAKERS
dana_bowers_2019_headshot Dana Bowers
Founder & Chief Solution Architect
Venminder
lisa-mae-hill-headshot-circle-2018  Lisa-Mae Hill
Senior Information Security Specialist
Venminder
michael bowers Mike Bowers
Board Chairman
Venminder
02.20.19-press-release-venminder-appoints-gordon-rudd-HEADER

 

Gordon Rudd
Third-Party Risk Officer
Venminder
kelly-vick-headshot-circle-2018 Kelly Vick
President
Venminder
nicole-grey-circle (1)

 

Nicole O'Brien
Third-Party Risk Officer
Venminder

Aaron Kirkpatrick Headshot - Updated

 

Aaron Kirkpatrick
Chief Information Security Officer
Venminder
desiree_ericksen_circle

 

Desiree M. Ericksen
Senior Information Security Specialist
Venminder

       
CPE CREDITS ELIGIBILITYNASBA_CPERegistry_logo_blue.jpg


Each session is eligible for 1 CPE Credit. Up to 6 CPE Credits could be earned for participating in the entire LIVE event. CPE Credits will be issued only upon completion of all polling questions and the post-event survey and offered within 5-7 business days.

Sponsorship Identification Number: 140591

INFORMATION


Field of Study: Specialized Knowledge

Each Program Level: Basic

Prerequisites: None

Who Should Attend: CEOs, CFOs, Compliance Directors, Risk Directors, BOD, Vendor Management, CPAs 

Advanced Preparation:
None

Delivery Method: 
Group Internet Based

Refunds:
This is a free event.

Cancellations:
In the event that this session would need to be cancelled, you will be personally contacted and registered for the rescheduled event.

Concerns: 
For more information regarding administrative policies such as complaints, please contact our offices at 270-506-5140.

SCHEDULE

DAY ONE
September 8, 2020

Session 1:
1-2pm ET

Third-Party Risk Management in a Pandemic World
Current events around the world have highlighted just how important third-party risk management is. Regulators across all industries are intensely watching and tracking how organizations are managing their vendors. The presenter will cover related regulatory guidance and expectations along with how consequences of vendor financial strain, business continuity and disaster recovery preparedness and cyber risks play into your reputation.
By Dana Bowers, Venminder

The Third-Party Risk Management Lifecycle
There's a definite lifecycle to effective vendor risk management that can serve as your guide to putting comprehensive processes in place. How in-depth you go in each stage is based on the level of risk and complexity of the relationships. In this session, the presenter will set the scene for the bootcamp by reviewing the stages in the continuous lifecycle.
By Nicole O'Brien, Venminder

Session 2:
2-3pm ET

A Vendor Due Diligence and Oversight Dive
Due diligence and the ongoing monitoring and oversight of your vendors are critical components of your third-party risk management program. Done right, it can help you determine how risky the vendor is, how prepared they are for the unexpected and, ultimately, make or break a relationship. In this session, the presenter will cover the activities that should be considered, how criticality and risk of a vendor can influence how much due diligence you do, the various oversight items to consider and why it all is not just a “check-the-box” item.
By Gordon Rudd, Venminder

Contract SLAs and Why They're More Important Than Ever
Service Level Agreements (SLAs) define the obligations of your third parties to provide documentation or maintain a certain level of performance. With the current pandemic ongoing, if your vendor fails to meet SLA provisions during this time, it may trigger the need to exit the relationship.
By Kelly Vick, Venminder


DAY TWO
September 9, 2020

Session 3:
1-2pm ET

Vendor Cybersecurity Preparedness – Don't Let Vendors Become Your Weakest Link
Cybersecurity is a hot button issue, especially in the current environment. By reviewing your vendor's cybersecurity posture, you can verify that they have adequate measures in place to protect your data in all situations and make risk-informed decisions if they are not. In this session, the presenter will cover what to review on your vendor's cybersecurity to learn if they are prepared to prevent, detect and respond to cybersecurity issues in the current pandemic and beyond.
By Lisa-Mae Hill, Venminder

Understanding and Analyzing Vendor SOC Reports 
Collecting, analyzing and understanding your vendor’s SOC reports is crucial to ensure the vendor is a safe partner. It's expected that you have your third party’s actual SOC reports on file, as well as a qualified review of the audit reports acknowledging your understanding of strengths and weaknesses. In this session, the presenter will cover the different type of SOC reports, when to review them and what to look out for.
By Desiree M. Ericksen, Venminder

Session 4:
2-3pm ET

Vendor Business Continuity and Disaster Recovery 
As the latest challenging environment reminds us, no organization is immune to business impacting events, so it's critical both you and your vendors are prepared. In this session, you will learn what procedures your vendor needs to have to handle a business impacting event and how to ensure that they've taken precaution and tested those plans.
By Gordon Rudd, Venminder

Red Flags in Vendor Financial Health
Financial viability of your vendor is the backbone to your vendor’s overall performance. The current environment is having a major impact on businesses of all sizes some third parties may not survive or be able to maintain the level of service you need. In this session, learn what documents to collect on your vendor to review their financial health, the key information to review and the red flags you need to be carefully watching out for.
By Mike Bowers, Venminder


DAY THREE
September 10, 2020

Session 5:
1-2pm ET

How to Review a Vendor’s Pandemic Plan
The recent COVID-19 pandemic has shown importance of third-party risk management. Knowing your vendor has a pandemic plan is an important component to protecting your overall business operations for current and future events. In this session, the presenter will cover how your vendor’s pandemic plan protects you, 5 components that should be included in a pandemic plan and steps to help you through the review process.
By Aaron Kirkpatrick, PKM

Session 6:
2-3pm ET

Third-Party Risk Management Exam and Audit Prep 
Exams and audits do not stop, even for the current pandemic situation. This session will give participants practical guidance on how to set their third-party risk management programs up for successful exams and audits. Participants will learn how to prepare for an audit and exam, mistakes to avoid and come away with tips and tricks for how to handle the inevitable "findings" that result from exams and audits. 

By Nicole O'Brien, Venminder 

Tying It All Together for an Effective Third-Party Risk Management Program
It’s important to know how to bring everything together as a strong policy and program can drive success in your third-party risk management. In this final session, the presenter will cover best practices to implement, common mistakes we see, what the regulators are saying and will expect and recap some of the key takeaways from this bootcamp.
By Dana Bowers, Venminder


SPEAKERS
dana_bowers_2019_headshot Dana Bowers
Founder & Chief Solution Architect
Venminder
lisa-mae-hill-headshot-circle-2018  Lisa-Mae Hill
Senior Information Security Specialist
Venminder
michael bowers Mike Bowers
Board Chairman
Venminder
02.20.19-press-release-venminder-appoints-gordon-rudd-HEADER

 

Gordon Rudd
Third-Party Risk Officer
Venminder
kelly-vick-headshot-circle-2018 Kelly Vick
President
Venminder
nicole-grey-circle (1)

 

Nicole O'Brien
Third-Party Risk Officer
Venminder

Aaron Kirkpatrick Headshot - Updated

 

Aaron Kirkpatrick
Chief Information Security Officer
Venminder
desiree_ericksen_circle

 

Desiree M. Ericksen
Senior Information Security Specialist
Venminder

       

CPE CREDITS ELIGIBILITY
NASBA_CPERegistry_logo_blue.jpg


Each session is eligible for 1 CPE Credit. Up to 6 CPE Credits could be earned for participating in the entire LIVE event. CPE Credits will be issued upon completion of all polling questions and the post-event survey and offered within 5-7 business days.

Sponsorship Identification Number: 140591

INFORMATION


Field of Study: Specialized Knowledge

Each Program Level: Basic

Prerequisites: None

Who Shoud Attend: CEOs, CFOs, Compliance Directors, Risk Directors, BOD, Vendor Management, CPAs 

Advanced Preparation:
 None

Delivery Method: 
Group Internet Based

Refunds:
 This is a free event.

Cancellations:
 In the event that this session would need to be cancelled, you will be personally contacted and registered for the rescheduled event.

Concerns: 
For more information regarding administrative policies such as complaints, please contact our offices at 270-506-5140.