Third-party risk management is under the spotlight

In the aftermath of the CrowdStrike IT outage, new research has uncovered a critical vulnerability within financial institutions regarding supply chain resilience. The outage has demonstrated the need for greater digital supply chain resilience, particularly in vital sectors such as financial services. Outline of differences in approaches to on-premise vs. cloud applications (Source: Escode and CeFPro report) Yet despite a strong push from financial regulators to embed this at all levels, only a minority of … More

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