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Robert Fucito

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SURVEY: STATE OF THIRD-PARTY RISK MANAGEMENT

1 of 10. Gartner Forecasts that Global Security and Risk Management Spending is
set to Grow by 14% in 2024. Do you agree?
Yes

Somewhat

No
2 of 10. What best describes your role in Third-Party Risk Management
initiatives within your organization?
I’m a key member of the decision-making panel

I’m an influencer

I’m not involved at all
3 of 10. What does the current scope of your third-party assessments entail?
(Check all that apply)
Information Security


Legal


Financial


Onsite Audits


Sustainability


Compliance


Other (please specify)


4 of 10. How is your organization addressing third-party risk today? (Select all
that apply)
Vendor risk assessment questionnaires


Supplier Privacy & Assurance Standards


Conduct periodic risk assessments


We do not have a defined process in place today


Other (please specify)


5 of 10. How frequently does your organization conduct third-party risk
assessments?
Monthly

Quarterly

Annually

Infrequently/ As needed
6 of 10. If possible, please share the name of your current outsourced
Third-Party Risk Assessment vendor (Purely to enhance our upcoming conversation
from a compare and contrast perspective)

7 of 10. How big is your third-party risk assessment team?
1-3 FTEs

3-5 FTEs

5-10 FTEs

> 10 FTEs

None

I don’t know
8 of 10. What changes (if any) do you foresee in your organization's spending on
third-party risk management for the following areas?

(a) Investment in third-party risk management tools and technologies
Reduction

No change

Increase
(b) Enhancements in third-party risk assessment processes
Reduction

No change

Increase
(c) Headcount for TPRM experts
Reduction

No change

Increase
(d) Outsourcing to TPRM service providers
Reduction

No change

Increase
9 of 10. What factors (challenges/triggers) are driving the change in your
current TPRM Solutions?

10 of 10. What is the set timeframe for completing vendor evaluation and
finalizing a suitable vendor for your TPRM requirements?
0 - 3 month: we’re actively looking

3 - 6 months: we’re evaluating our options

6-12 months: we’d like to know our options


SCHEDULE A 20-MIN DISCOVERY CALL WITH OUR SPONSOR: ATLAS SYSTEMS A LEADING IT
SERVICES PROVIDER THAT HAS HELPED FORTUNE 1000 COMPANIES MANAGE THEIR
THIRD-PARTY LIFECYCLES RIGHT FROM DUE DILIGENCE, CONTRACTING UNTIL OFF BOARDING.

(PLEASE CHOOSE A DATE AND TIME WITHIN THE NEXT WEEK, MONDAY – FRIDAY, 9AM – 5PM
EST)


11:00 AM11:30 AM12:00 PM02:30 PM03:00 PM03:30 PM04:00 PMEastern Time
To make the Discovery Call most productive, which areas of Third-Party Risk
Management would you like our Domain Expert to focus on?



THANK YOU FOR YOUR TIME!

WE KNOW WE CAN COUNT ON YOU TO JOIN THE CALL - SO WE'LL PUT THE WHEELS IN MOTION
RIGHT AWAY. PLEASE ENTER YOUR CONTACT DETAILS ACCURATELY BELOW, TO ENABLE REWARD
FULFILLMENT. WE'LL REACH OUT SHORTLY VIA EMAIL AND PHONE TO RE-CONFIRM THESE
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