Ad-Hoc Subject Monitoring
Written by Michelle Henley
Updated at September 16th, 2024
Table of Contents
Risk Perspective
- Allows for specific risk augmentation to parties with a known risk factor (e.g., have had compliance issues recently/in the past, possibly discovered through other compliance programs like a hotline, partnership with the business, or risk assessments).
- Can be utilized to add/remove higher-risk third parties.
- In line with government expectations, this analysis can be further refined with third-party management data to monitor high-risk third-party transactions.
| Description | Identification of transactions for vendors specifically identified for additional monitoring |
| Domain(s) | Vendor |
| Analysis Type | Indicator |
| Focus Area | Setting |
| Score Methodology | The associated risk for the vendor |
Default Scoring Criteria
Importance: 5 (default)
Enabled: True (default)
| Risk Result | Default Value | Notation |
|---|---|---|
| Weak | Not Set | Specific subject IDs |
| Moderate | Not Set | |
| Strong | Not Set | |
| Auto | Not Set |
Unique Configuration
None
Exclusions
None