Healthcare Security Forum: A HIMSS Event

Boston, MA
Dec. 9-10, 2019

3rd Party Risk Management Playbook

December 9, 2019
3:35pm - 4:15pm
Essex Ballroom

Third-party vendor risk management continues to be an expensive challenge for healthcare providers. Overall, third-party risk management costs the healthcare industry $23.7 billion per year, or $3.8 million per healthcare provider, which far surpasses the $2.9 million that each data breach costs providers, according to a report issued in July by the Ponemon Institute. What’s more, reliance on inefficient third-party vendor-risk management processes and the inability to automate risk assessments and remediation has created an environment where third-party breaches are commonplace and expensive.

Providers are in a tough spot: As their reliance on third parties increase, so do their risks.

Take part in this discussion and share your experiences. Our expert speakers will do the same. You likely won't solve the challenge of vendor-risk management, but you’ll learn gain knowledge on how to mitigate the risk.

Key discussion points

  • Best practices & lesson’s learned
  • Prioritizing vendor risk
  • Cybersecurity insurance
  • Standardizing assessment questionnaires
  • C-suite support of process and proceedure
  • Automation

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