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As I type the words of my very first blog, the weight of writing a blog worthy of your reading is heavy on my mind. You may have seen my name or watched one of my presentations where I hoped to influence companies to move away from compliance checklists to adopting shareable third-party assessment techniques.

Yet this blog isn’t about me. It’s about how third-party risk continues to crawl towards an economic approach across all industries.
My passion in life and career is to help companies resolve the snail pace of evolution from the vast frameworks and methodologies used across the globe to a standardized third-party risk governance using a flexible model for all companies, large and small. We all know that third-party governance is supposed to minimize risk in a fast-paced changing cyber landscape. It is beyond my comprehension why companies fail to understand that identifying and managing risk is necessary to minimize risk. Especially when we allow third-parties to handle our most sensitive data.

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Recent News

Former Aetna Security Executive Brenda Ferraro Joins Prevalent

WARREN, NJ (Marketwired – Sep 13, 2017)  Prevalent, Inc., the leader in Third-Party Risk Management and Vendor Threat Intelligence, today announced the appointment of Brenda Ferraro as Senior Director, Networks and CYBERFIT®. In this new role, Brenda will work closely with Prevalent’s healthcare, legal, financial, and higher education vertical networks to provide collaborative and economical solutions. In addition, she will continue to grow Prevalent’s vertical networks portfolio into sectors particularly vulnerable to third party risk.

The regulated healthcare industry, with its valuable Protected Health Information (PHI), is one of the most highly targeted sectors for data breaches and hacks. According to a recent Ponemon study, 89% of surveyed healthcare organizations experienced a data breach over the last two years, costing the industry an estimated $6.2 billion dollars. As much as 63% of all data breaches now occur through third party suppliers.

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Upcoming Events

Tuesday, March 5th to Friday, March 9th at The Venetian Las Vegas Sands Expo and Convention Center

The 2018 HIMSS Annual Conference & Exhibition brings together 45,000+ professionals from around the world for five days of education, innovation and collaboration to help uncover the promise of health IT. No other conference brings you the world-class education, cutting-edge products and solutions, and unique networking opportunities you need to solve your biggest health IT challenges – all at one time, all in one place. Choose from 300+ education sessions, 1,300+ vendors, hundreds of special programs, and endless networking events.
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