The pressure on financial institutions to manage third-party risk is mounting — and the stakes have never been higher. As one of the most highly regulated industries in the world, the financial sector faces intense scrutiny from regulatory bodies across the globe — with potentially budget-breaking consequences for non-compliance. In 2024, financial institutions faced an […]
Third-party relationships are a double-edged sword: opportunity and business functionality on one side, but an abundance of risk on the other. In the financial sector where the average cost of a data breach has reached $6.08 million — and reputational fallout is even harder to recover from — third-party risk management (TPRM) has never been […]
Last week, ProcessUnity hosted UNITE 2025 San Diego, our trailblazing customer summit. This edition of the event was one for the record books: UNITE 2025 was the most attended summit in ProcessUnity history. From May 6th to 8th, we brought together the largest-ever community of ProcessUnity customers, partners, and third-party professionals at the Mission Bay […]
Your third-party vendors are delivering on time, business operations are efficient and planned, and customers are satisfied. Then, without warning, a third-party disruption brings everything to a halt. Everything’s Running Smoothly — Until It’s Not What started as a potentially minor issue, one only involving your third party, can quickly spiral into a full-scale crisis […]
Maintaining a standard security framework has become increasingly crucial for businesses in today’s digital age. As technology stacks continue to change and evolve, managing organizational risk and compliance across multiple platforms, third-party vendors, and remote workforces becomes more challenging as threat actors continue to mature. Add to these challenges that there are now nearly endless […]
Imagine starting your day knowing exactly where your vendor risks lie and the status of assessments, with automated third-party risk programs running smoothly and onboarding timelines cut in half. Now compare this to your current reality: countless hours spent in spreadsheets, conducting manual assessments, and endless email follow-ups. With 60% of organizations now managing over […]