The IT-TPRM.com survey on the impact of Digital Transformation ask respondents the specific areas and activities TPRM leaders are taking with regards to Business Continuity. Results so far show a significant separation between oversight and governance tactics versus operational engagement. It appears TPRM professionals have limited interest or involvement in areas necessary to execute the business continuity plan, preferring to focus on assessing effectiveness of contract terms, identification of sub-contractors and alignment across parties.
Do you agree? Does this lead to ineffective business continuity? Does this create an unnecessary void between TPRM and operational execution? Should the FLOD be more engaged in scenario and BIA development?
Third Party Risk Management Forum 