Outsourcing Third-Party Risk Management: Faster, Cheaper, and More Effective Vendor Risk Reduction

In today’s interconnected business environment, organizations rely on hundreds, sometimes thousands, of third parties to deliver critical services. Each of these relationships introduces potential risk: data breaches, operational disruption, regulatory violations, and reputational damage. According to SecurityScorecard’s 2025 Global Third-Party Breach Report, approximately 35% of breaches in 2024 involved a third party.

Why Third-Party Risk Management Matters

A well-structured TPRM program is more than a compliance checkbox, it’s a critical part of business resilience. Proactively identifying, assessing, and mitigating vendor risks helps protect sensitive data, ensure continuity, and build trust with customers and regulators.

TBDCyber’s new white paper offers a practical, scalable, and cost-effective approach to managing third-party risk.

What You’ll Learn in the White Paper

This white paper provides a clear roadmap for organizations of all sizes to build or enhance their TPRM programs, including:

• Clarifying Goals & Scope – Define whether your program focuses on compliance, risk reduction, or business resilience, and determine which vendors require the most attention.

• Designing a Defensible Program – Build policies, processes, and workflows that align with regulatory requirements and business needs.

• Operationalizing Assessments – Streamline vendor engagement, evidence collection, and remediation to reduce internal workload.

• Measuring Success – Track key metrics such as vendor coverage, remediation closure rates, and business outcomes.

• Leveraging AI for Predictive Risk Management – Move beyond annual questionnaires with continuous monitoring and predictive analytics.

Who Should Read This White Paper

This resource is designed for CISOs, vendor risk managers, procurement leaders, compliance professionals, and executives who want to:

• Reduce risk from vendors, suppliers, and partners

• Improve audit readiness and regulatory compliance

• Gain visibility into vendor posture and remediation progress

• Optimize resources and scale assessments efficiently

Download the White Paper

Managing vendor risk is no longer optional - regulators, customers, and boards expect it. Whether you are launching your first TPRM program or looking to mature an existing one, TBDCyber can help you scale quickly and effectively.

TBDCyber Whitepaper - TPRM.pdf

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