Account Manager Alert Insurance Risk Management 
Fusion Risk Management
JUNE 23, 2023
The idea behind having an effective third-party risk management (TPRM) program is not a newfound concept. More than 14 years ago, the Federal Deposit Insurance Corporation (FDIC) introduced the first true risk-based approach to understanding and managing third parties.
Fusion Risk Management
NOVEMBER 3, 2022
These requirements can apply in third-party risk scenarios but also more broadly across the enterprise where risk for misconduct exists. Defense costs in connection with an SEC investigation can exceed $1 million in order to defend individuals, directors, and officers – and indemnification insurance may not always cover the cost.
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