Blind trust can be a serious risk in banking.
We often assume that once a vendor is vetted, they're good to go forever. But as our CEO, Shawn Sweeney, explains in this week's #OneQuestion video, that's a dangerous assumption. A control that worked last year may be obsolete today, and regulators expect you to keep checking.
The responsibility for third-party risk falls on you, and failing to validate your vendors' internal controls can leave you exposed. Don't wait for a costly surprise. Watch now to learn why staying vigilant is non-negotiable.