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3 Ways to Drive Value within Your Third-Party Risk Management Program and Beyond

Fusion Risk Management

A ccording to Deloitte’s global third party risk management survey 2022 , 73% of respondents reported having a high level of dependency on third parties – a nd that reliance is predicted to continuously increase which , in turn, means ongoing related challenges.

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The Importance of Building a Culture of Trust and Compliance

Fusion Risk Management

Here are also some stats to help build the business case: According to the “Cost of Data Breach Report 2022,” the average cost of a data breach continued to rise in 2022, reaching an average of $4.4 Want more information on how to keep your organization safe from disruption caused by ineffective risk management ?

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. percentage points from January 2017 to January 2022.”

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Hurricane Season is Approaching ? Are You Prepared?

Fusion Risk Management

Forecasters have predicted that we may see another hectic hurricane season in 2022. Some forecasters are even saying that 2022 will be on par with 2021, which had 21 named storms, seven hurricanes, and four hurricanes that reached Category 3 or above. appeared first on Fusion Risk Management. Are You Prepared?