Third-Party Risk Across Business Realms with Jeffrey Wheatman | Ep21 S2 | ScaletoZero Podcast

This episode of the Scale to Zero Podcast is an absolute game-changer! We have the brilliant Jeffrey Wheatman, who is dropping some serious knowledge bombs on third-party risk management. Protecting your organization has never been more crucial, but it doesn't have to be complicated. Jeffrey will guide you through the ins and outs, providing valuable insights on mitigating risks and maximizing value. 💼 Get ready to explore the world of risk and discover how it can impact your business. 01:08 Introduction 08:30 What is a third-party risk? 12:09 Do fintech startups need to pay attention to third-party risk management. 14:00 A security questionnaire is not enough? 18:50 Prioritising things to onboard third-party vendors. 24:40 Stack ranking vendors for their onboarding. 29:30 Cultural alignment between business and security teams. 33:50 Measuring the ROI on practices used for third-party risk management. 36:30 How has third-party risk management has evolved and what's the future. 40:30 Summary 41:39 Rating Security Practices section