Guide

A Complete Guide to Third-Party Risk Management

A Complete Guide to Third-Party Risk Management

Pages 32 Pages

Outsourcing to third-party vendors increases an organization’s exposure to data breaches, as each vendor has some level of access to internal systems. This guide explains what third‑party risk management is, how it differs from vendor risk management, and why both may be necessary. It outlines the full TPRM lifecycle—from onboarding to continuous monitoring—and highlights how to integrate feedback loops for improvement. The guide also covers how to evaluate vendor risks, common challenges organizations face, and how to align TPRM with existing security frameworks to strengthen overall protection.

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