Chapter 8 - Cyber Supply Chain and Third-Party Risk Management


To come.

Key Ideas
  • Organizations need to strike a balance between the financial opportunities of lower costs and higher efficiencies in cyber risk by creating a flexible supply-chain.

  • Understand the main challenges within supply chain risk mitigation.

  • A step-by-step role for managers and how to reduce their risk with third parties.

  • Acknowledge the reliance on third parties and how to work with them for products and services.

  • Understand that if companies have the right skill set to conduct assessments testing and ongoing monitoring of third-party relationships.

Combining Technology, Public Policy and Economics to Create a Sustainable System of Cybersecurity


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Jeannie Pumphrey, Head of Third-Party Risk Management and Change Risk Management, MUFG Union Bank

Jeannie Pumphrey has a diverse background of building cross functional teams, developing and managing risk management programs while delivering results within highly matrix global organizations.  She is currently the head of Third-Party and Change Risk Management at MUFG Union Bank, N.A., a U.S Army veteran, a 30-year executive in Supply Chain Management, Third Party Risk and a Six Sigma Black Belt.

Lisa Humbert, Managing Director, Operational Risk Management Officer, MUFG Union Bank

Lisa Humbert, Operational Risk Management Officer for the Americas, MUFG Americas is responsible for Operational Risk Management across the Americas. She has built and manages the second line of defense team and industry leading framework to deliver an enterprise-wide Operational Risk Management (ORM) program and services. Previously, Lisa served as Executive Vice President, Chief Information Risk Officer at BNY Mellon and Managing Director, Global Head of IT Risk Management and Business Continuity at Credit Suisse and Citigroup.