Struggling with third-party risks? The scale and complexity of external vendor risk is often hard for organizations to manage. A recent report from AuditBoard and CyberRisk Alliance found that 40% of infosec professionals reported that their company is working with more than 50 external contractors. Our ultimate guide to TPRM can help. In it, you’ll find proven tactics and AI-powered strategies to strengthen your program at every step of the vendor lifecycle and protect your business.
Is your organization prepared to manage the escalating risks posed by third-party vendors, suppliers, and partners? If not, don’t wait for a breach to highlight vulnerabilities in your program. With third-party breaches increasing by 68% over the past year, organizations can no longer afford to rely on outdated approaches. Verizon reports that third-party breaches now contribute substantially to security incidents, and Gartner notes these breaches cost 40% more to remediate than internal cyber issues.
Effective third-party risk management: Harnessing AI-powered technology for success is your comprehensive guide to maturing your TPRM program. Learn how to prioritize high-risk third parties, use AI-driven solutions for smarter risk management, and streamline processes for maximum efficiency. This ebook uncovers industry best practices to help you identify, assess, and mitigate risks across an increasingly interconnected business environment.
By reading the guide, you’ll learn:
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Key tactics for third-party identification and categorization.
- Strategies to reduce gaps, overcome resource limitations, and simplify vendor management.
- Insights on leveraging technology for continuous risk visibility and proactive monitoring.
