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99 superph NEW YORK , Dec. 16, 2024 /PRNewswire/ -- According to a new report from Liminal, a leading market and competitive intelligence technology company, global spending on third-party risk management (TPRM) is set to more than double—from $9.0 billion in 2025 to $19.9 billion by 2030. As third-party ecosystems expand, security threats multiply, and regulations tighten, this rapid growth signals a decisive market shift for companies striving to protect their data, operations, and reputations. Despite managing over 250 third-party relationships on average, Liminal's research found that fewer than half of organizations continuously monitor these vendors. Reliance on static questionnaires and annual audits has proven ineffective, with fewer than 10% of practitioners trusting their assessments. As compliance demands tighten—evidenced by GDPR fines in the billions of dollars—and threats evolve toward AI-enabled scams and cloud weaknesses, these outdated methods fail to identify emerging risks, leaving companies exposed. While most organizations recognize the urgency of new risk conditions and have increased their TPRM budgets, practitioners cite that progress is stalled by fragmented spending, siloed information, and manual workflows. The report shows that firms that invest in continuous monitoring, automation, and integrated solutions gain a clear advantage. By shifting from reactive, error-prone approaches to always-on, data-driven insights, decision-makers can detect vulnerabilities early, meet regulatory requirements more effectively, and foster stronger trust across their supply chains. "With TPRM spending nearly doubling and fewer than half of organizations conducting real-time checks, the data shows a clear mandate: it's time to evolve from basic, outdated compliance tasks to continuous, forward-looking risk intelligence," said Travis Jarae , CEO of Liminal . "Leading companies leverage automation and integrated analytics to stay ahead of emerging threats, turning risk management into a strategic advantage." Key Insights from The Market and Buyer's Guide for Third-Party Risk Management: "From healthcare providers working to safeguard patient data against potentially compromised supply chains to financial institutions navigating emerging regulations and data handling risks, the stakes have never been higher," said Joe Stuntz , Principal Advisor at Liminal . "Leaders who invest in advanced analytics, integrated solutions, and real-time monitoring not only mitigate threats—they position their organizations for sustained growth and trust in a digital-first economy." About Liminal Liminal is a technology company that empowers businesses with actionable market and competitive intelligence for go-to-market and sales enablement. Our state-of-the-art platform combines the precision of AI with human expertise to deliver unparalleled access to proprietary data, in-depth analysis, and curated insights, enabling executives to make informed decisions, enhance productivity, and drive growth. We tackle critical focus areas with targeted solutions for fraud and identity, cybersecurity, trust and safety, financial crimes compliance, and privacy and consent management. Trusted by industry leaders and innovators at top public and private companies and investment firms to navigate market complexities and thrive confidently and clearly. For more information, visit us at Liminal.co . Media Contact: Stacy Beddoes Liminal media@liminal.co 1 (602) 616-9818 View original content to download multimedia: https://www.prnewswire.com/news-releases/liminal-forecasts-third-party-risk-management-solutions-market-to-hit-19-9-billion-by-2030--302332870.html SOURCE Liminal Strategy, Inc.Meet Sarah, a 25-year-old marketing professional living in a bustling city. WeChat is not just an app for her – it's a lifeline that helps her stay organized, communicate with loved ones, and even unwind after a long day at work.As Rafael hangs up his boots and reflects on his remarkable career, football fans around the world will fondly remember the fearless defender who gave his all on the pitch. His legacy will endure as a testament to his passion for the game and his unwavering dedication to success. We wish Rafael all the best in his future endeavors and thank him for the memories he has provided to football fans everywhere.

Skyhawks Sports Announces 2024 Coach of the Year Winner and FinalistsLiminal Forecasts Third-Party Risk Management Solutions Market to Hit $19.9 Billion by 2030But now, as I stand at the crossroads of my life, I realize that it is never too late to reclaim those lost dreams, to seek retribution for the moments of doubt and insecurity that plagued my younger self. I am ready to embark on a journey of self-discovery and healing, to confront the demons of my past and embrace the potential of my future.

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Ayra Wang BioLogiQ, a technological company, has developed a method to convert potato starch into a plant-based material. This innovative material can be manufactured into reusable cups and cutlery, significantly contributing to the reduction of carbon emissions in urban areas. The company's breakthrough technology was recognized with a gold award at the 4th Asia Exhibition of Innovations and Inventions, held at the Hong Kong Convention and Exhibition Centre on December 5 and 6. Ken Kramer, BioLogiQ's president and chief technology officer, called the award an affirmation of the hard work by the company's research and development team. He expressed hope that their invention would help mitigate human-caused pollution and promote sustainable development for future generations. "I've been involved in the plastic manufacturing industry for over 30 years, and I understand the environmental harm caused by fossil fuels and plastics," Kramer said in an exclusive interview with Sing Tao Daily, a sister publication to The Standard. Founded in 2011, the US-based company expanded into Asia in 2019, establishing its regional office in Hong Kong and a factory across the border in Shaoguan. Kramer said that the plant-based material is derived from crops such as potatoes and corn and can reduce carbon emissions by up to 46 percent compared to conventional plastics. "Fossil fuels are not renewable and contribute to pollution, whereas plants can be regrown and absorb carbon dioxide during their growth," he said. Plant-based materials, he added, are often stronger than those made from fossil fuels. Kramer highlighted the fact that plant-based materials are more cost-effective than wood, bamboo and paper, especially now that the SAR government is promoting a citywide plastic-free lifestyle. "Cutting down trees or bamboo is detrimental to the environment, as it takes years for trees to grow back," he said. "In contrast, crops like potatoes and corn can be harvested two to three times a year, allowing factories to utilize existing machinery for plant-based material production," he said. While the company's products can contain up to 50 percent plant-based materials, they typically mix in 10 to 25 percent traditional plastics to keep costs manageable for consumers. Kramer's aim is for some products to achieve 100 percent plant-based content for agricultural use next year, with plans to develop entirely plant-based products within five years. Linda Lee Wai-ling, the company's managing director, said the plant-based material is converted from the starch of potatoes or corn. BioLogiQ also plans to recycle wastewater containing starch from fry production facilities as a raw material. Lee reassured people that using crops for plastic does not impact the food supply, as the plant-based materials industry currently uses only 0.02 percent of agricultural land, and that is projected to rise to just 0.073 percent by 2028. "It's not a waste of food; starch is already used in paper production, though many people may not realize it," Lee said. The company aims to integrate environmental protection into everyday life by producing household items like reusable tableware, cups and food bags made from plant-based materials. "We want consumers to engage in environmental protection easily and affordably," Lee said. Plant-based materials, she added, can help reduce microplastic contamination in the food chain, protecting human health. "Currently, over 90 percent of plastic waste ends up in landfills or nature, breaking down into microplastics that pollute oceans and soil. These microplastics can eventually enter the food chain," she said. The company is in discussions with local juice producer Bless to create containers, packages and plastic bags made from plant-based materials, with anticipated discounts for consumers next year. Lee said plant-based materials are 100 percent compostable, non-toxic and environmentally friendly, making them ideal for non-reusable items aimed at reducing pollution. BioLogiQ plans to expand the use of plant-based non-woven materials into various applications, including disposable masks, hospital protective clothing and diapers, which cannot be reused due to hygiene concerns.Kylian Mbappé Responds to Sexual Assault Allegations, Denies Accusations and Clears Up Depression RumorsIn the end, after weeks of intense legal battles and emotional testimony, the judge delivered the verdict. Yu Hua and Ying were found guilty of child trafficking, a verdict met with a mix of relief and somber reflection in the courtroom. The sentencing phase followed, with the judge considering the severity of the crimes, the remorse (or lack thereof) shown by the defendants, and the need for justice to be served.

LOUISVILLE, Ky. (AP) — Louisville has approved a five-year contract extension through June 2030 for athletic director Josh Heird, whose 2 1/2-year tenure has included the hirings of two men’s basketball coaches and football coach Jeff Brohm. The university’s Board of Trustees on Thursday authorized President Kim Schatzel to execute the deal, three days after the University of Louisville Athletic Association board approved the agreement. Heird was named interim AD in December 2021 before being elevated to the full-time job the following June. Schatzel said in a release that the extension signals the school’s faith in Heird and added, “He is the right person and right leader” to take the athletic program forward to a bright future. Several significant personnel moves marked Heird’s initial tenure. He fired basketball coach Chris Mack in January 2022 and subsequently hired former Cardinals player Kenny Payne two months later. Heird fired Payne last March after two historically bad seasons and replaced him with Pat Kelsey on March 28. Heird also hired ex-Louisville quarterback and assistant Brohm in December 2022. The Cardinals won 10 games to reach the ACC championship game for the first time last season and are headed for a second consecutive postseason under the Louisville native with a berth in the Sun Bowl on Dec. 31 in El Paso, Texas. Heird has also extended contracts for women’s basketball coach Jeff Walz, volleyball coach Dani Busboom-Kelly and baseball coach Dan McDonnell. The AD’s other achievements include a $41 million naming rights deal for the Cardinal Stadium football field along with a $4 million club renovation. He also secured a $1 million donation to enhance Louisville's Jim Patterson Stadium baseball field. Heird also serves on the NCAA women’s basketball selection committee. AP sports: https://apnews.com/hub/apf-sports and https://twitter.com/AP_SportsBraun's cabinet includes fewer positions