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Vendor Risk Management

  • Date : 03 May 2018

  • Time : 11:30 AM to 01:00 PM IST

  • Topic :

  • Collaborators : Deloitte


Businesses are under pressure to deliver growth and innovate in the marketplace. The single most effective strategy to address these twin goals has been to outsource non-core functions and build alliances to spur innovation. Therefore, 3rd Party risk has become a current, costly and critical challenge. In the recent years, numerous organizations have suffered serious repercussions due to third party management process failures. As cyberattacks via eco-system partners or 3rd Parties become more commonplace, decision makers have put the spotlight on the information and cyber security of their suppliers.

To address these concerns, organizations need to undertake steps to enhance the maturity of their third party governance and risk management. Despite the strides they have made, significant gaps still remain—particularly with regards to the tools, technologies, and underlying processes currently in place.

This webinar will cover the following:

  • What are the significant and relevant 3 rd Party risks?

  • Risk management strategies and models to address 3 rd Party risks

  • Evolution of 3 rd Party risk management programs – Where are we headed?


Munjal Kamdar

Partner in the Risk Advisory services of Deloitte

Munjal is a Partner in the Risk Advisory services of Deloitte and is based out of their Mumbai office. He has over 20 years of experience in the Banking, Insurance and Financial services sectors. Munjal’s expertise is in the areas of Vendor Risk Management, IT Security and Regulatory related Technology risk and controls. Specifically he has developed expertise in the domains of Cyber Strategy, Information Security Assessment & Transformation, Vendor Risk Management and Governance Risk and Compliance. He has worked in multiple geographies including India, USA and Canada. Munjal spearheads the initiative on Vendor Intelligence Center (VIC) whereby clients are provided comprehensive vendor risk management solution through a hybrid of onsite and offshore delivery model. Some of the key clients Munjal has handled include Citi, State Bank of India, State Bank Group, Johnson & Johnson, Barclays and CIBC. Munjal has presented at industry forums on GRC and Vendor Risk Management. He has also authored a publication with CIO & Leader on “Managing & Monitoring IT Supplier Risk”. Munjal is Certified Information Systems Security Professional (CISSP) and an ISO 27001 Lead Auditor.