Unpacking TPRM's Split Focus: What It Means for Risk Managers in 2024 with Loren Johnson

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In this episode, we dive deep into the world of Third-Party Risk Management (TPRM) with Loren Johnson, Risk Evangelist at Aravo. We explore the growing divide between cybersecurity and traditional risk management practices, and how this split is reshaping TPRM programs worldwide. Key topics discussed:

• The bifurcation of TPRM into cybersecurity and non-cybersecurity camps

• Lessons from traditional risk practices applicable to cybersecurity

• Impact of regulations like DORA on TPRM and cybersecurity practices

• Practical steps for organizations to strengthen their TPRM programs

• The critical role of AI and technology in modern risk management Lauren shares valuable insights on how businesses can stay ahead of evolving regulatory requirements and offers practical advice for Chief Risk Officers and compliance managers looking to optimize their TPRM strategies.

Don't miss this essential discussion on the future of risk management and the importance of a holistic approach to TPRM in today's rapidly changing business landscape. If you want to be our guest or suggest a guest for our show, send your email to info@globalriskconsult.com with the subject line "GRC Show Guest Suggestion."

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