About Us | Contact Us
View Cart

Sharpening Your Vendor Management Skills

By Vigilize | Wednesday, July 27, 2011 - Leave a Comment

Dan Hadaway will be presenting their workshop titled “Sharpening Your Vendor Management Skills” through the Community Bankers Association of Ohio on Wednesday, August 10, 2011.

Because financial institutions rely heavily on vendors to perform tasks involving confidential information, the FFIEC makes us responsible for governing the vendor process. An effective vendor management program will identify, measure, monitor, control, and escalate the risks associated with vendor relationships. Meanwhile, the tools we use to measure vendor risk are improving. The SAS70 is being replaced with the SSAE-16. Service Organizations Control (SOC) reports are internal control reports on the services provided by a service organization. SOC reports provide valuable information users need to assess and address the risks associated with an outsourced service. In addition, examiners are clarifying what is meant by a Critical Vendor, and the tools we use to manage the vendor due diligence process have improved.

Agenda

  • Risk Management Basics
  • Vendor Risks
  • Governing Threshold
  • Policy and Procedure
  • Enlisting Vendor Owner Support
  • The SSAE-16 Review Process
  • The due Diligence Process (New Vendors and the Annual Review)
  • Streamlining the Process

Who Should Attend
This workshop is directed to the person(s) responsible for Vendor Due Diligence at the bank. Even if you already have a good Vendor Management Program, you may want to attend this workshop to learn about the SSAE-16 as well as to sharpen your tools!

Speakers
Dan Hadaway, CRISC, CISA, CISM
Dan Hadaway founded Infotex in 2000 to help banks comply with the then-new Gramm Leach Bliley Act. Since then he has grown the firm to be a leading Managed Security Service Provider (MSSP) that also provides IT Audit services as well as IT Governance consulting. As one of the first to hold a CRISC designation, Dan helped write the review manual for the Certified in Risk and Information Systems Control certification (CRISC), which recognizes professionals for their knowledge of enterprise risk and their ability to design, implement, monitor and maintain information system controls to mitigate such risk.

For registration information, you may visit the Community Bankers of Ohio’s CBAO University registration page:     Sharpening Your Vendor Management Skills


same_strip_012513

Latest News
    Endpoint Detection and Response and You Webinar-Video In this webinar-Video, we will discuss the advantages, considerations, pricing, and configuration concerns when adding Endpoint Detection and Response to your security posture. If you are using a traditional Anti-Virus/Malware solution, you’ll want to consider adding or replacing it with a comprehensive EDR/XDR/MDR solution for the most bang […]
    R7: 2023’s Top Seven Technology Risks Webinar-Video What are the top seven risks your board should know about in 2023? Since 2006, Dan has been compiling a list of the “top seven risks small institutions are facing,” in preparation for his board presentations. This webinar will present the 2023 list in a manner that you […]
    PRESS RELEASE – FOR IMMEDIATE RELEASE BUSINESS NEWS NEW EMPLOYEE FOR INFOTEX We are excited to announce the addition of William Summers to our team as our new Data Security Analyst. William brings a wealth of knowledge to our organization, and we are confident that he will be an invaluable asset in helping us reach […]
    Yes, the CISO of the Starship Enterprise On AI replacing the business of cybersecurity. Another one of those Dan’s New Leaf Posts, meant to inspire thought about IT Governance . . . . From time to time, my friends from high school, and even some from college, who have a minimal understanding of the cybersecurity […]
    Artificial intelligence carries risk, but so does organic ignorance … Another one of those Dan’s New Leaf Posts, meant to inspire thought about IT Governance . . . . At a recent conference, I noticed two camps emerging in the debate over artificial intelligence. Some people embrace AI as a tool, while others support Elon […]
    PRESS RELEASE – FOR IMMEDIATE RELEASE BUSINESS NEWS NEW EMPLOYEE FOR INFOTEX We are pleased to announce the appointment of Nathan Taylor as our new Network Administrator at infotex.  “We are very excited to have Nathan join our team as a Network Administrator and look forward to his contributions to maintaining and improving our infrastructure!” […]
    about artificial intelligence . . . And who will protect us from it . . .  Another one of those Dan’s New Leaf Posts, meant to inspire thought about IT Governance . . . . Just watched some press on the the Senate hearings over regulating AI. The normal senator faces, Sam Altman of OpenAI, […]
    The Evolution of an Inside Term Used in our Vendor Risk Report Another one of those Dan’s New Leaf Posts, meant to inspire thought about IT Governance . . . . Those who audit infotex know that our vendor risk report refers to a couple of our providers as “ransomware companies.” This reference started evolving […]
    Another awareness poster for YOUR customers (and users). Now that we have our own employees aware, maybe it’s time to start posting content for our customers! Check out posters.infotex.com for the whole collection! Download the large versions here: Awareness Poster (Portrait) Awareness Poster (Landscape) You are welcome to print out and distribute this around your […]
    New tools could allow unskilled attackers to launch increasingly sophisticated attacks… An article review. Imagine a world where you receive a call from your boss asking you to assist them with something… only it’s not your boss, but an AI being used by an attacker.  This isn’t science fiction, it’s an actual attack that has […]