VISO TRUST, the frontrunner in AI-driven third-party cyber risk management (TPRM), reaffirms its commitment to advancing cybersecurity risk management innovation by joining Third Party Risk Association as a vendor member and by sponsoring the association’s annual conference, Third Party Risk Madness, April 9-12, 2024, Sheraton Phoenix Downtown, Phoenix, Arizona.
VISO TRUST CEO and Co-Founder Paul Valente will present “Trading Up from Tradeoffs: AI Driving Broader, Deeper Nth Party Cyber Risk Assessment” on April 10, 2024, at 2:00 pm. This session examines:
- The trade-offs, compromises and limits that risk professionals have had to make in the scope and depth of assessments on an organization’s complex ecosystem of Nth party partners, due to their organization’s budget and risk management resources. And as risk pros know, each trade-off has been fraught with its own risks and levels of exposure.
- The efficiency and speed that AI brings to TPRM and sheds new light on its ability to broaden the scope of evaluation to an organization’s full population of third parties.
- Responding to the fundamental shift in C-suite expectations around TPRM: AI-driven capabilities to identify and continuously evaluate those parties with the greatest potential impact on risk, and – should a breach or leak event occur – immediately provide timely input to ascertain the “blast radius” of the event and help assess the organization’s necessary compensating controls and business continuity priorities.
- Empowering better and more risk abatement through AI than solely manual processes could possibly enable, and for identifying with unprecedented precision where invoking compensating controls are required.
Paul Valente added: “The Third Party Risk Association provides the global risk management community with invaluable best practices, peer insights, and strategies to navigate complex risks to optimize TPRM program effectiveness and maturity. As a member, a sponsor, an innovator and a dedicated third-party risk practitioner, everyone at VISO TRUST looks forward to sharing practical, actionable takeaways to help attendees keep their organization on track as the cyber threat landscape evolves.”
“Third Party Risk Madness is the top peer-to-peer innovation wellspring, and we’re delighted to welcome VISO TRUST as a member and a sponsor,” said Julie Gaiaschi, CEO of Third Party Risk Association. “Today, risk pros are seeing an exponential expansion of their risk surface as a result of their growing Nth party ecosystem and its inconsistent adoption of cybersecurity best practices, as well as threat actors’ embrace of advanced threats. We are excited to have VISO TRUST contribute to our annual Third Party Risk Madness conference and provide meaningful insights on this important topic.”
About Third Party Risk Madness
Join TPRA for this one-of-a-kind, TPRM-specific conference, where basketball, business, and risk management unite for an epic showdown of innovation and success. Get ready to dribble your way to victory at the Sheraton Phoenix Downtown in Phoenix, Arizona, on April 9-12, 2024! This conference promises four action-packed days that will elevate your TPRM game to championship levels. Visit www.tprassociation.org/2024-conference to secure your court-side seat and take advantage of exclusive offers. Hurry, space is limited, and you won’t want to be left on the bench for this thrilling event!
About The Third Party Risk Association:
The Third Party Risk Association (TPRA) is the only vendor-agnostic, not-for-profit professional association that exists to further the profession of third party risk management (TPRM) through knowledge sharing and networking. TPRA is the all-in-one source for TPRM tools, templates, training, networking, blogs, videos, certifications, TPRM-specific conferences, Continuing Professional Education (CPE) credits, and industry best practices.
To learn more about the Third Party Risk Association and join a community of over 1,000 TPRM professionals worldwide, visit their website at www.tprassociation.org/why-join.
About VISO TRUST:
VISO TRUST is a trailblazing leader in AI-driven third-party risk management (TPRM), offering an innovative platform that empowers organizations to make informed decisions with unparalleled precision and timeliness. Founded by CEO Paul Valente and CTO Russell Sherman, VISO TRUST is at the forefront of transforming the cybersecurity landscape by continually enhancing its platform’s capabilities and innovations.
For more information about VISO TRUST and its AI-powered TPRM platform, please visit www.visotrust.ai. To learn about VISO TRUST’s Free Vendor Assessment Offering, visit: https://app.visotrust.com/sign-up
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