GuidePoint Security emphasizes that effectively addressing third-party risk requires going beyond traditional due diligence. Organizations must assess not only the financial stability and product quality of vendors but also crucial information security concerns such as the type of data vendors can access, how they handle it, network access, and potential risks if the third party is breached. Since third-party vendors significantly expand an organization’s attack surface and risk exposure—including financial loss, data breaches, and regulatory impacts—comprehensive Third-Party Risk Management (TPRM) programs are essential. GuidePoint offers tailored TPRM services, including program assessment, development, vendor risk assessments, and ongoing managed services.

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