Blog

Aravo Solutions Wins GRC 20/20 Innovation Award for its Third Party GDPR Compliance Application

The team here at Aravo are particularly honored and excited to receive the 2017 GRC Innovation Award for Third Party Management from independent GRC analyst firm GRC20/20 for our Third Party GDPR Compliance Application, Aravo for GDPR.

This is the second year running that Aravo Solutions has been recognized by GRC 20/20. In 2016 Aravo won the GRC 20/20 Award for Value in Third Party Management, where Aravo’s Enterprise Third Party Risk Management solution was found to drive measurable value, delivering better GRC efficiency, effectiveness and agility to complex third party programs.

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Topics: Data Security & Privacy, GDPR, General Data Protection Regulation, GRC20/20, grc 2020, gdpr compliance, Aravo for GDPR, third party gdpr, gdpr compliance application, GDPR award, innovation award, gdpr application, aravo solutions gdpr, grc award, gdpr report, gdpr solution

Expert Interview: Tom Garrubba on Six Ways Collaboration Can Enhance Your TPRM Program

Collaboration is a term that makes people either cheer or wince. However, today collaboration is essential to be a successful third party risk manager – the discipline has moved well beyond administrative box-ticking. Now, a strong culture of collaboration can help create the right environment to foster TPRM program excellence, and drive real value for organizations.

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Topics: risk and compliance, third party risk management, GDPR, board of directors, governance, tprm, third party risk, risk appetite, board accountability, third party governance, benchmarking, supplier risk, third party supplier, vendor risk, occ compliance, risk assessment, shared assessments, third party risk assessment, standardization programs, gdpr processor, third party risk regulators, regulatory frameworks, internal audit, third party compliance, third party vendor, FFIEC

Three ways the Internet of Things and the GDPR will impact Third Party Risk

As the Internet of Things (IoT) evolves, it will offer organizations the opportunity to create an unprecedented range of potential products and services. By embedding the internet into computer systems inside of cars, appliances, and other physical things, manufacturers will be able to offer new functionality as well as additional services. Smart homes and intelligent cars are already on the consumer market in many countries. Applications for this technology in a business-to-business environment are equally promising.

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Topics: third party risk management, Data Security & Privacy, GDPR, information security, cybersecurity, cybersecurity regulation, cyber-security, cyber risk, cyber regulation, internet of things, IoT

Five Top Trends in Cybersecurity Regulations

Cyber and information security is considered by some to be the biggest challenge organizations collectively face today. A recent study conducted by Juniper Research predicts the cost of data breaches to reach $2.1 trillion globally by 2019. These incidents – whether they are caused by criminals, foreign governments, or hacktivists – can be costly for organizations, distressing for consumers, and create the possibility of real systemic damage to whole industries; even nations. So, it’s hardly surprising that regulators and legislators around the world are moving into action.  

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Topics: third party risk management, Data Security & Privacy, GDPR, information security, cybersecurity, cybersecurity regulation, cyber-security, cyber risk, cyber regulation

Expert Series Podcast - Pt. 3 - Looking toward the future with GDPR & Third Party Risk – with consideration to privacy regulations in other countries

 
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Topics: third party risk management, Data Security & Privacy, GDPR, General Data Protection Regulation, cybersecurity, data privacy, corporate regulation, podcast

Expert Series Podcast - Session 2 - A Deeper Dive into GDPR & Why Organizations Need To Be Thinking about Third Party Risk

Session 2 of 3 (approx. 15 minutes)

I had the great pleasure to speak with Simon McDougall, GDPR expert and Managing Director at Promontory Financial about GDPR & Why Organizations Need To Be Thinking About Third Party Risk. Simon shared insights around GDPR best practices, possible blind-spots, and approaches for Board members, C-suite and middle-management.

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Topics: third party risk management, Data Security & Privacy, GDPR, General Data Protection Regulation, cybersecurity, data privacy, corporate regulation

Expert Series Podcast - GDPR & Why Organizations Need To Be Thinking About Third Party Risk

Session 1 of 3 (approx. 18 minutes)

I had the great pleasure to speak with Simon McDougall, GDPR expert and Managing Director at Promontory Financial about GDPR & Why Organizations Need To Be Thinking About Third Party Risk. Simon shared insights around GDPR best practices, possible blind-spots, and approaches for Board members, C-suite and middle-management.

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Topics: third party risk management, Data Security & Privacy, GDPR, General Data Protection Regulation

What do I need to ask when buying a Third Party Risk Management (TPRM) solution?

Third party risk management is a complex discipline, that combined with the scale, complexity, and change dynamics of any Global 2000 organization, can often lead to false starts with technology implementations.

It’s important to get enterprise software purchase decisions right – they are the fulcrum of successful third party risk programs for the business, they impact on the adoption and performance of many internal users across the enterprise, and they can have an impact on the careers of those selecting them.

DOWNLOAD THE BUYER'S GUIDE

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Topics: FCPA, risk and compliance, Anti-Bribery and Anti-Corruption, OCC, third party risk management, Data Security & Privacy, Registration & Qualification, Conflict Minerals, GDPR, General Data Protection Regulation, aravo, ABAC, risk mitigation, sustainable procurement, regulatory risk, tprm

The EU GDPR & Third Party Risk

Why Global 2000 Companies Should Be Focused on Third Party Compliance

The European Union’s General Data Protection Regulation (GDPR), which takes effect on May 25, 2018, strengthens data privacy rights for EU citizens and gives regulatory authorities greater powers to take action against companies that breach the law.

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Topics: third party risk management, Data Security & Privacy, GDPR, General Data Protection Regulation