How to Build an Effective

Third-Party Risk Management Program

An effective cybersecurity strategy isn’t complete without a robust Third-Party Risk Management (TPRM) program. Vendors, suppliers, and service providers can unknowingly introduce supply chain risks, data breaches, and compliance challenges—making third-party oversight essential.

This guide explores the key components of a Third-Party Risk Management program, including how to assess, monitor, and mitigate vendor risks. While not a one-size-fits-all solution, it offers a foundational framework you can tailor to your organization’s unique risk tolerance and operational needs.

If your business relies on external partners, having a clear vendor risk assessment process is critical to protecting your systems, data, and reputation.