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Secure Halo Expands Third-Party Risk Management Services for Financial Institutions
- Secure Halo has expanded its third-party risk management services to assist financial institutions in addressing increased regulatory and cybersecurity challenges from vendors.
- Will Durkee of Secure Halo stated that financial institutions face pressure to manage vendor risk amid higher regulatory expectations for third-party oversight.
- Regulatory agencies require financial institutions to have formal third-party risk programs that include due diligence, monitoring, and incident planning or response for vendor relationships.
- Secure Halo's program includes risk assessments before contract signing, ongoing monitoring, yearly reviews, and vendor contract reviews to ensure security and compliance standards.
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88 Articles
Coverage Details
Total News Sources88
Leaning Left8Leaning Right3Center33Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 18%
C 75%
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