This infographic outlines a practical, repeatable framework for building an effective third-party risk management (TPRM) program as organizations become increasingly dependent on vendors, suppliers, and contractors. It explains how unmanaged third-party relationships can introduce cybersecurity, financial, regulatory, and reputational risk. The six-step model covers building and prioritizing a centralized vendor inventory, screening and triaging vendors using external intelligence, performing risk-based assessments, continuously monitoring for emerging threats, designing mitigation strategies, and maintaining centralized analysis and reporting. The document emphasizes automation, scalability, and continuous oversight, positioning TPRM platforms as essential for improving visibility, reduci

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