Information Security & Compliance Blog - Tandem

Vendor management

Russ Horn Published Date: Mar 20, 2020 Vendor Management, Business Continuity Planning, Financial Institutions

Is My Financial Institution Ready for a Biological Pandemic?

There have been several health pandemic breakouts in recent history. Some of the more notable ones include the SARS outbreak which made world news in…

Alyssa Pugh Published Date: Mar 04, 2020 Vendor Management, Business Continuity Planning, Security and Compliance, Financial Institutions

Are Your Vendors Ready for a Pandemic?

The introduction and rise of the coronavirus, also known as COVID-19, has caused many to ask, "Are we prepared for a pandemic?" For financial…

Alyssa Pugh Published Date: Feb 19, 2020 Vendor Management, Risk Assessments, Security and Compliance, Financial Institutions

How to Perform a Vendor Risk Assessment in Three Steps

One of the early stages of effective vendor management is performing a vendor risk assessment. This article will help you skip past the complex…

Russ Horn Published Date: Jan 24, 2020 Vendor Management, Security and Compliance, Financial Institutions

Top Vendor Management Software Features to Consider Before You Buy

The overall success of an organization can be linked closely to the security, stability, and quality of their third parties. Therefore, vendor…

Alyssa Pugh Published Date: Jan 09, 2020 Vendor Management, Security and Compliance, Financial Institutions

What is Vendor Management?

In its simplest form, vendor management is the process of overseeing third-party service providers who work for your organization, from beginning to…

Leticia Saiid Published Date: Dec 14, 2019 Vendor Management, Security and Compliance, Financial Institutions

4 Steps to Simplify Your Vendor Due Diligence Process

What is the vendor management definition of due diligence? It's certainly a pillar of vendor relationship management. If you are going to outsource,…

Alyssa Pugh Published Date: Oct 15, 2019 Vendor Management, Security and Compliance, Financial Institutions

Vendor Management & OFAC: FAQs for Banks and Credit Unions

If you are a vendor manager at a bank or credit union, you may be familiar with checking OFAC, but have you ever paused to ask why? Who exactly is…

Leticia Saiid Published Date: Jul 13, 2018 Vendor Management, Security and Compliance

A More Accurate Method for Collecting Due Diligence Documents from Third Parties

How do you know what due diligence documents to gather from each of your vendors? There are many methods available, but some result in more accurate…

Leticia Saiid Published Date: Jun 10, 2018 Vendor Management, Security and Compliance

Review your Vendor’s SOC Report (SSAE 18) in 15 Minutes

Ideally, reviewing a SOC Report will take you 15 minutes or less (once you get the hang of it). If you are a financial institution and you have…

Leticia Saiid Published Date: Oct 04, 2017 Vendor Management, Security and Compliance, Financial Institutions

Quick Guidelines for a SOC Report Review

This article was featured in the Sept/Oct 2017 Nebraska Banker Magazine.

Leticia Saiid Published Date: Jan 03, 2014 Vendor Management, Business Continuity Planning, Financial Institutions

Plans for Vendor Continuity and Contingency

This article was published in the January/February 2014 edition of the Nebraska Banker magazine.

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