CHIME College Live: Transforming Cybersecurity with a Strategic Vendor and Supply Chain Risk Management Program
Post Summary
The session focuses on transforming vendor and supply chain risk management in healthcare by leveraging automation, collective intelligence, and best practices to identify, remediate, and predict risks.
The rapid adoption of third-party vendors for digital health initiatives has significantly increased risks to health systems, making effective vendor risk management critical for ensuring safety, compliance, and performance.
• Automates repetitive tasks, saving time and resources. • Improves collaboration and visibility across teams. • Helps identify, remediate, and predict risks more effectively.
• Learn strategies for developing vendor risk programs that deliver transformative outcomes. • Understand best practices for efficient collaboration and visibility in the vendor risk process. • Explore risk management technologies and how automation enhances risk identification and remediation.
Guest Speakers:
The rapid adoption of third-party vendors to drive digital health and other key initiatives has resulted in exponential risk to the health system. Transforming vendor risk management enables healthcare organizations to deliver safe, compliant, and highly-performant third-party outcomes throughout the vendor relationship lifecycle.
Censinet CEO and Founder Ed Gaudet will lead a panel discussion with healthcare CISOs on how to build an effective vendor risk management program. We will discuss how CISOs and their teams can radically transform the way in which they manage third-party relationships, automating much of the work and leveraging collective intelligence from across our network to help get ahead of risk. We will discuss how automation enables health systems to coordinate and collaborate more efficiently to identify, remediate, and predict risk, with powerful visibility, insight, and decision-making capabilities.
3 Learning Objectives:
- Learn how to develop vendor risk strategies and programs that deliver transformative outcomes
- Learn best practices that create more efficient collaboration and visibility around the vendor risk process
- Understand risk management technology options and learn how automation enables health systems to identify, remediate, and predict risk.
Key Points:
What is the CHIME College Live session about, and who is leading it?
- The session focuses on transforming vendor and supply chain risk management in healthcare.
- It is led by Censinet CEO and Founder Ed Gaudet, alongside a panel of healthcare CISOs.
- The discussion emphasizes automation, collective intelligence, and best practices to address vendor risks effectively.
Why is vendor risk management critical in healthcare?
- The rapid adoption of third-party vendors to support digital health initiatives has significantly increased risk exposure.
- Poorly managed vendor risks can lead to data breaches, compliance violations, and operational inefficiencies.
- Effective vendor risk management ensures safe, compliant, and high-performing third-party outcomes throughout the vendor lifecycle.
What strategies will be discussed during the session?
- Developing vendor risk programs that deliver transformative outcomes for healthcare organizations.
- Leveraging automation and collective intelligence to streamline vendor risk management processes.
- Best practices for improving collaboration and visibility across teams during the vendor evaluation and monitoring process.
What are the benefits of automating vendor risk management?
- Reduces manual workload: Automates repetitive tasks, saving time and resources for healthcare CISOs and their teams.
- Improves collaboration: Enhances coordination across teams to respond to risks more efficiently.
- Enables predictive insights: Provides powerful visibility and decision-making capabilities to anticipate and mitigate risks.
- Streamlines the vendor lifecycle: Ensures safe and compliant third-party outcomes from onboarding to ongoing risk monitoring.
What are the learning objectives of the CHIME College Live session?
- Learn strategies for building effective vendor risk management programs that deliver measurable results.
- Understand best practices for fostering collaboration and visibility in vendor risk processes.
- Explore 'risk management technologies', including automation, to help identify, remediate, and predict risks.
How does collective intelligence enhance vendor risk management?
- Collective intelligence leverages insights and experiences from across a network of healthcare organizations.
- It enables CISOs to 'get ahead of risks' by sharing knowledge and identifying patterns across vendors.
- This approach promotes collaborative problem-solving for addressing common vendor risks in healthcare.
What is the ultimate goal of transforming vendor risk management in healthcare?
- To create a healthcare ecosystem where third-party partnerships are safe, compliant, and high-performing.
- Equip healthcare organizations with tools and strategies to proactively manage risks and protect patient care.
- Improve operational efficiency by streamlining vendor processes through automation and collaboration.
