Third-party risk management is one of the leading areas of compliance risk. Nearly two-thirds of senior compliance executives believe third parties present their greatest risk, regardless of industry, company size or compliance maturity.
In parallel, several significant and multifaceted challenges are emerging with U.S. and global privacy laws. These include the complexity of third-party ecosystems, evolving regulations and data privacy. While these are significant challenges, they are also opportunities to uncover blind spots in company programs.
