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2016 - Page 3 of 4 - MetricStream Blog

Yearly Archives: 2016

How to Mitigate Risk Exposure from Vendor Relationships
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How to Mitigate Risk Exposure from Vendor Relationships

Outsourcing business activities to a vendor does not include outsourcing the risk and compliance responsibilities. Relying heavily on vendors, with low or limited visibility into the vendor networks, exposes organizations to high risks. Therefore, understanding and managing vendor risks is crucial to maintain sustainable businesses. With a strong Vendor Risk Management (VRM) program companies can […]

How to Cross-Sell Compliance to Your Sales Managers
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How to Cross-Sell Compliance to Your Sales Managers

The story of Wells Fargo’s cross-selling compliance failure, reminds me of the huge fine that HSBC received in 2012 for mis-selling— over $3 billion.  Wells Fargo’s $185 million fine for poor cross-selling practices pales in comparison – but still “ouch!”  Even worse and more costly could be the reputation damage — Wells Fargo styles itself as the […]

The Third Wave Of Technology Transformation For Banking And Financial Services
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The Third Wave Of Technology Transformation For Banking And Financial Services

Banking and Financial Services industry is undergoing a strategic shift with the advent of disruptive technologies such as Fintech, Blockchain, and IoT which are challenging the established technology based banking models. This may be the third wave of technology transformation to reshape the modern financial institutions around the world, the first two being ‘computerization’, which […]

So, Where’s My IT-Risk (Or Threat) Library?
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So, Where’s My IT-Risk (Or Threat) Library?

We need a good information security risk and threat library. Rather than build one from scratch (and most internet searches do not yield meaningful results), we were wondering if MetricStream offers standard content for such a library. That’s a question we’re frequently asked when we get a Customer up and running with MetricStream’s IT-Risk Management […]