DOJ Consideration for 3rd Party Risk in Your Compliance Program

SIX WAYS TO MEET NEW DOJ STANDARDS FOR 3RD PARTY RISK MANAGEMENT

The US Department of Justice (DOJ) released the Evaluation of Corporate Compliance Programs in 2020, which provided new directives on how the aspect of third-party risk management should be evaluated in corporate compliance programs.

With many organizations tightening their belts, these new directives come at a difficult time. However, the DOJ’s bottom line is clear: cut compliance resources at your own risk.

In this eBook, we explore:

• Real-world examples of mismanaged third-party risk that have contributed to the DOJ’s demand for increased scrutiny
• What the DOJ guidance says about continuous monitoring of third-party relationships
• Six ways to ensure organizations meet new DOJ standards
• A third-party risk management checklist to help you get started
• How GRC software can help simplify your third-party risk management workflows