Building Best Practices for Effective Monitoring of a Third Party’s Incident Event Management Program

To help organizations become better prepared against incidents, the Shared Assessments Standardized Information Gathering (SIG) Questionnaire Committee recently released a briefing paper titled Building Best Practices for Effective Monitoring of a Third Party’s Incident Event Management Program, outlining a newly developed best practices model of incident event management program creation that directly involves third-party providers.

The briefing paper provides detailed best practice planning, policies, procedures and processes for outsourcing companies. A robust risk management guide and practical third-party risk assessment and monitoring recommendations provide a clean, consistent methodology for the assessment of incident preparedness, incident management and post incident recovery.

This release is just one example of the Shared Assessments Program’s continuing efforts to bring a higher level of agreement on best practices among top-level management and inform the evolution of each industry’s standards surrounding incident response and management across enterprises.