In today’s hyper-connected business environment, third-party relationships are no longer limited
to simple outsourcing—they drive critical operations through SaaS platforms. Organizations now
manage an average of 175+ SaaS applications, extending well beyond industry giants like
Salesforce, Workday, and Oracle. This new ecosystem introduces not just risks of data breaches but
the potential for widespread operational disruptions. Traditional third-party risk models—built for
the previous generation of vendors—are struggling to keep up, leaving businesses vulnerable to
evolving threats.
Key Discussion Points:
● Risk Management: Do we have real-time visibility into business risks across SaaS platforms
and are we mitigating them effectively?
● Visibility: Do we have continuous monitoring of SaaS environments to understand
real-time risk posture, or are we still relying on outdated annual audits?
● Threat Response: How ready are we to defend against targeted attacks on critical business
processes and sensitive data?
● Vendor Governance: Are we enforcing clear security responsibilities with vendors and
ensuring compliance?
We’ll walk through real-world incidents where failure to have real time visibility, continuous
monitoring and governance led to severe consequences. Attendees will gain actionable insights
on designing and implementing controls to secure SaaS ecosystems, including how to establish
the right governance framework across your third party SaaS ecosystem.
Key Takeaways:
● The Inadequacy of Traditional Risk Models: Understand how outdated third-party risk
management models fall short in third party SaaS environments.
● Consequences of Outdated TPRM practices: Increased susceptibility to data breaches and
unauthorized access due to static security measures including Inability to detect and
respond to real-time threats
● Strategies for Modernizing Third Party Risk Management: Gain insights into proactive
strategies for real-time risk management through continuous monitoring, governance and
proactive remediations
This session will equip IT Audit teams, risk managers, and cybersecurity professionals with the
tools and strategies to bring third party risk management strategies from antiquated compliance
driven tasks to proactive business driven solutions.