How to Leverage Your Third-Party Risk Management Amid Growing Risks

2022-04-18T01:13:55-04:00

Most business organizations across different industries remain reliant on outsourcing to gain a competitive edge—a trend that also reveals the growing third-party security risks. When businesses contract with third parties, they open a critical aspect of their operations to vendor-related risks and threats. Poor vendor management program should be considered as a major threat by business leaders today. Companies failing to assess vendors thoroughly suffer significant financial, compliance, operational, and reputational damages. As the threat of cybercriminals and attackers continues to magnify, new waves of attacks are anticipated to emerge—further highlighting the urgent need for [...]

How to Leverage Your Third-Party Risk Management Amid Growing Risks2022-04-18T01:13:55-04:00

Post PPP: Businesses Scramble for New Funding Source

2021-08-18T21:44:45-04:00

The Paycheck Protection Program (PPP) was established to help small businesses afford to keep their employees on the payroll throughout the COVID-19 pandemic. Now that the set duration of PPP has come to an end,  many businesses, still struggling with the impact of the pandemic, are forced to look elsewhere for funding. With  PPP completing its second round and coming to a close, alternative lenders credit unions, institutional lenders, and other non-bank sources of funding are already seeing a spike in demand. Banks, meanwhile, are heavily focused on loan forgiveness in the wake of the pandemic's [...]

Post PPP: Businesses Scramble for New Funding Source2021-08-18T21:44:45-04:00
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