Fourth-Party Risk: What to Know and How to Manage It

Third-party risk management doesn’t stop with your third parties. Do you know who your fourth parties are and the risks they pose to your organization? Sure, we have direct relationships with our vendors, but what about their vendors (your fourth parties) or their vendor’s vendors (nth parties). The truth is that unless you have the right processes in place, fourth and nth parties can expose your organization and its customers to various risks without your knowledge. What needs to be done to prevent that from happening in your organization? 

Watch this webinar to learn more about fourth and nth-party relationships and what it takes to identify them and manage their associated risks. We’ll discuss leveraging your due diligence process to discover hidden fourth and nth-party risks and will help you understand the specific roles and responsibilities both you and your third parties have in managing fourth-party risks.

Watch now to learn:

• Fourth parties: What they are and what risks they pose
• Examples of fourth parties
• Using due diligence to help identify and manage fourth-party risks
• Contractual considerations for addressing fourth-party risk
• Regulatory perspectives on fourth-party risk management
• Key takeaways