Hello Global Risk Community member,
SolarWinds brought third-party risks to the forefront, and security experts expect such attacks will become more common. If your third-party vendors pose such risks, then what do you do about fourth-party vendors?
In this case study from Mastercard, you will find out how Mastercard addressed the challenges they faced and how they took a proactive step to build a fourth-party risk management program from the ground up. Mastercard was committed to taking ownership and responsibility for all the risks in its payment ecosystem and chose MetricStream Third-Party Risk Management built on the MetricStream Integrated Risk Platform to support their program.
Business Value Realized with MetricStream:
- Comprehensive visibility into the risks of fourth parties
- Faster risk assessments with automatic segmentation of fourth parties into various risk categories
- Efficient risk assessment process with automatic distribution of questionnaires and population of responses
- More actionable and timely fourth-party risk insights which accelerate Mastercard’s risk response
Download Case Study