--- title: "Talent & Third Parties in Cyber: Building the Future Workforce" description: Dive into Third-Party Risk Management (TPRM) and find out how to cultivate a strong cybersecurity workforce. Get expert tips on training and certifications. image: https://39936595.hs-sites.com/hubfs/Imported_Blog_Media/talent%20d2_Talent%20%26%20third%20parties%20in%20cyber_%20Building%20the%20future%20workforce.png --- ![](https://39936595.hs-sites.com/hubfs/Imported_Blog_Media/talent%20d2_Talent%20%26%20third%20parties%20in%20cyber_%20Building%20the%20future%20workforce.png) # Talent & Third Parties in Cyber: Building the Future Workforce [ Singapore FinTech Festival ](https://39936595.hs-sites.com/sff-2024-session-recordings/author/singapore-fintech-festival) Nov 16, 2024 12:00:00 AM   1. Rising Importance of Third-Party Risk Management **Changing Dynamics:** - Increased outsourcing across industries, with startups and financial institutions heavily relying on third-party vendors. - Companies are now managing hundreds of vendors, creating heightened risk exposure and operational complexity. **Role of Cyber Incidents:** - High-profile breaches (e.g. Crowdstrike) have increased awareness of third-party vulnerabilities. - Regulators are tightening compliance requirements, driving demand for robust third-party risk management practices.   2. Evolving Talent Needs **Demand for Hybrid Skillsets:** - Cybersecurity practitioners must combine technical expertise with a deep understanding of legal, operational, and financial risks. **Critical Thinking and Relationship Management:** - Effective vendor management requires nuanced evaluation of vendor risks and ongoing monitoring, tailored to individual vendor roles. **Tools and Technology:** - Technology is needed to manage the extensive vendors relationship and resources   3. Opportunities in the Sector **Career Pathways:** - Third-party risk management is an accessible field for individuals with backgrounds in project management, legal operations, operational risk, and financial risk management. **Transferable Skills:** - Critical thinking, compliance understanding, and adaptability are key competencies. - Professionals should cultivate an ability to harmonize fragmented regulations (e.g., GDPR, PDPA) while maintaining a holistic risk perspective.   **Vision for the Future** Third-party risk management is no longer an IT issue—it’s a multidimensional challenge requiring collaboration between cybersecurity, legal, operational, and financial domains. By leveraging technology, fostering interdisciplinary skills, and adopting a proactive approach, organizations can navigate vendor-related risks and build more resilient ecosystems.   Watch Full Session   Speakers: - Niko Akatyev, Principal Consultant, Bitdefender - Rowena Lee, Director, HRS Talents - Thomas Kung, CISO & CRCO, Rakkar Digital   Moderator: - Tobias Klingel, Head of Information Security, Aspire App [Future of Work](https://39936595.hs-sites.com/sff-2024-session-recordings/tag/future-of-work), [Talent](https://39936595.hs-sites.com/sff-2024-session-recordings/tag/talent), [Singapore FinTech Festival](https://39936595.hs-sites.com/sff-2024-session-recordings/tag/singapore-fintech-festival), [Video](https://39936595.hs-sites.com/sff-2024-session-recordings/tag/video) ## Read On [![](https://39936595.hs-sites.com/hs-fs/hubfs/Imported_Blog_Media/Reviving%20trust%20in%20carbon%20markets%20Data%2c%20tech%20and%20AI%20as%20the%20fixes-1200x720-fs.png?width=352&name=Reviving%20trust%20in%20carbon%20markets%20Data%2c%20tech%20and%20AI%20as%20the%20fixes-1200x720-fs.png) ](https://39936595.hs-sites.com/sff-2024-session-recordings/sff-2024-videos/reviving-trust-in-carbon-markets-data-tech-and-ai-as-the-fixes) ### [Reviving Trust in Carbon Markets: Data, Tech and AI as the Fixes](https://39936595.hs-sites.com/sff-2024-session-recordings/sff-2024-videos/reviving-trust-in-carbon-markets-data-tech-and-ai-as-the-fixes) {% video_player "embed_player" overrideable=False, type='hsvideo2', hide_playlist=True,... 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