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Third-Party Risk Management - Managing risks associated with third-party vendors and partners

Third-Party Risk Management – OverviewThird-Party Risk Management (TPRM) is the process of identifying, assessing, and mitigating risks associated with vendors, suppliers, and business partners. As organizations increasingly rely on third parties for critical operations, managing risks related to data security, compliance, and operational resilience is essential.Areas Covered Risk Assessment & Due Diligence – Evaluating vendor security, compliance, and financial stability.Regulatory Compliance – Aligning TPRM programs with SOC 2, ISO 27001, HIPAA, GDPR, and NIST requirements.Continuous Monitoring & Audits – Ongoing assessment of vendor performance and security controls.Contract Management & Risk Mitigation – Defining security requirements, SLAs, and exit strategies.Who Should Attend Risk & Compliance ProfessionalsGRC Managers and AnalystsCompliance OfficersProcurement & Vendor Management TeamsInternal & External AuditorsWhy Should You Attend Attending a Third-Party Risk Management (TPRM) course equips you with the skills to identify, assess, and mitigate risks associated with vendors and business partners. You will learn how to implement due diligence, continuous monitoring, and regulatory compliance strategies to protect your organization from security breaches and operational disruptions. This course is essential for reducing third-party risks, ensuring compliance with SOC 2, ISO 27001, HIPAA, and GDPR, and strengthening overall supply chain security. Topic Background As organizations rely more on third-party vendors, they face increased risks related to data security, compliance, and operational resilience. TPRM helps identify, assess, and mitigate these risks through due diligence, continuous monitoring, and contract enforcement while ensuring compliance with SOC 2, ISO 27001, HIPAA, and GDPR. A strong TPRM framework enhances cybersecurity, regulatory compliance, and business continuity, reducing vulnerabilities from external partnerships.

Third-Party Risk Management – Overview

Third-Party Risk Management (TPRM) is the process of identifying, assessing, and mitigating risks associated with vendors, suppliers, and business partners. As organizations increasingly rely on third parties for critical operations, managing risks related to data security, compliance, and operational resilience is essential.

Areas Covered     

  • Risk Assessment & Due Diligence – Evaluating vendor security, compliance, and financial stability.
  • Regulatory Compliance – Aligning TPRM programs with SOC 2, ISO 27001, HIPAA, GDPR, and NIST requirements.
  • Continuous Monitoring & Audits – Ongoing assessment of vendor performance and security controls.
  • Contract Management & Risk Mitigation – Defining security requirements, SLAs, and exit strategies.

Who Should Attend    

  • Risk & Compliance Professionals
  • GRC Managers and Analysts
  • Compliance Officers
  • Procurement & Vendor Management Teams
  • Internal & External Auditors

Why Should You Attend

Attending a Third-Party Risk Management (TPRM) course equips you with the skills to identify, assess, and mitigate risks associated with vendors and business partners. You will learn how to implement due diligence, continuous monitoring, and regulatory compliance strategies to protect your organization from security breaches and operational disruptions. This course is essential for reducing third-party risks, ensuring compliance with SOC 2, ISO 27001, HIPAA, and GDPR, and strengthening overall supply chain security.

Topic Background    

As organizations rely more on third-party vendors, they face increased risks related to data security, compliance, and operational resilience. TPRM helps identify, assess, and mitigate these risks through due diligence, continuous monitoring, and contract enforcement while ensuring compliance with SOC 2, ISO 27001, HIPAA, and GDPR. A strong TPRM framework enhances cybersecurity, regulatory compliance, and business continuity, reducing vulnerabilities from external partnerships.