Beyond third party risks: Identifying and mitigating 4th, 5th, 6th and nth party risks

Supply chain cyber attacks are the number one cyber threat facing organisations today, however, to secure our supply chains, we need to broaden our approach from third-party risk management to also include fourth-party risk management. Unfortunately, according to the UK National Cyber Security Centre, only 13% of organisations review their immediate suppliers, and just 7% investigate risks in fourth parties.

In this workshop, delve into why and how you can gain visibility beyond your third parties, what regulators are saying, and how you can protect your business. Join Haydn to explore how a tier-one bank managed to identify 36 fourth parties, 175 fifth parties, 15 sixth parties, 27 seventh parties, as well as 7 potential concentration risks - all in just 48 hours.

11:30 AM - 12:00 PM
Session Type
Technical rating
Location Name
Bishopsgate 1