Third-Party Risk Management

Background Third-party risk management (TPRM) has its challenges. It is a relatively new area that has been developing rapidly, but many programs face significant issues as their companies grow. TPRM rarely scales linearly with the business or the number of applications in use. There are no easy fixes, but you can make steady improvements. I will share some practices I have used to improve programs over time, which you can take away and adapt to your situation....

Summary In this blog post, I’ll go into the basics of third-party risk management, what the challenges are, and give you an overview of what an average Third-Party Risk Management (TPRM) program looks like. This is designed primarily for people new to the industry up to the mid-level, but there might be a few points valid for seniors with mature programs too. Background In recent years TPRM has become a growing chunk of work for cyber security teams....