GRC & SECURITY ASSURANCE
GRC & SECURITY ASSURANCE
Third-party risk management (TPRM) is a form of risk management that focuses on identifying and reducing risks relating to the use of third parties (sometimes referred to as vendors, suppliers, partners, contractors, or service providers). As the risk landscape rapidly evolves, it’s important to have a holistic understanding of the discipline to build a successful program.
The discipline is designed to give organizations an understanding of the third parties they use, how they use them, and what safeguards their third parties have in place. The scope and requirements of a third-party risk management program are dependent on the organization and can vary widely depending on the industry, regulatory guidance, and other factors. Still, many TPRM best practices are universal and applicable to every business or organization.
Download our third-party risk management guide to learn:
Webinar
Join our risk assessments experts as we discuss best practices, program templates, and how provide an assessment that provides the best value for your organization.
Webinar
Join our webinar and learn how to save time and streamline third-party risk assessment throughout the TPRM lifecycle.
Webinar
Explore how OneTrust can help you build an efficient third-party risk management program that streamlines manual processes and uncovers hidden risks.