Third-Party Risk Management stories

Bank ABC shifts ila Bank onto Temenos core on AWS in Bahrain, kicking off a wider cloud-led core banking transformation programme.

Coverbase and Crowe forge AI-focused partnership to streamline vendor risk reviews and procurement oversight in tightly regulated sectors.

TransLogic launches MYtranslogic cloud platform to let hospitals monitor pneumatic tube systems remotely and cut service interruptions.

Insurance brokers must scrutinise software vendors’ SOC 2 Type 2 security to safeguard client data, compliance and operational resilience.

Nike is probing a suspected cyberattack after a hacker group claimed to leak 1.4TB of internal data, raising supply chain security fears.

Philippines firms trail APAC on third‑party cyber risk as all surveyed suffered supply chain breaches and few have mature TPRM programmes.

Ricoh’s CloudStream service has achieved SOC 2 Type II audit status, bolstering its cloud security credentials for regulated industries.

Over 70% of major retailers and nearly 60% of wholesalers have exposed credentials, leaving shared supply chains ripe for attack.

Privacy is shifting from a legal checkbox to a strategic differentiator as watchdogs and customers demand proof of real-world data protection.

Dun & Bradstreet flags sanctions, data quality and AI governance as top compliance pressures shaping corporate risk in 2026.

London’s Cyb3r Operations raises $5.4m to expand real-time monitoring of third-party cyber risk as supply-chain threats intensify.

Diligent snaps up AI-native vendor risk specialist 3rdRisk to sharpen third-party oversight and speed audit readiness for clients.

Kiteworks and BigID unite discovery, labelling and policy enforcement to secure sensitive data sharing across hybrid environments.

AI’s next wave in business will be sector-specific, process-led services as firms shift from generic tools to trusted, compliant platforms.

Hapax unveils a free AI certification for bankers as lenders ramp up AI spending and face tougher scrutiny from regulators and boards.

Black Kite launches Product Analysis tool to expose hidden risks in third-party software, from SaaS subdomains to SBOM dependencies.

EU banks face a 2026 crunch as new AML rules spark a shake-up in KYC vendors, testing compliance strategies amid rising fraud risks.

Hacktivism, cyber extortion and fragmented cybercrime will intensify by 2026, reshaping UK risks from small firms to critical infrastructure.

Amid an AI-fuelled fraud surge and tightening biometrics rules, Southeast Asia’s banks must choose verification partners with strategic care.

Singapore firms boast world-leading third-party cyber risk programmes, yet 93% still report supply chain-related breaches, BlueVoyant warns.