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Third-Party Risk Management

Stop Flying Blind: Illuminate Your Third-Party Risks

Modern organizations rely on third parties for everything from IT services to cloud services— but these relationships can introduce significant cybersecurity, compliance, and operational risks.

 

We help organizations build, assess, and scale Third-Party Risk Management (TPRM) programs that protect the business while enabling trusted external partnerships.  

Our TPRM services are flexible and tailored to meet you where you are in your journey — from starting a new program to providing ongoing operational support. Whether you're managing hundreds of vendors or just getting started, our team delivers pragmatic, risk-based solutions aligned with industry best practices and regulatory expectations.  

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Our Tailored Approach Includes
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TPRM Program Assessment
  • Assess TPRM program maturity and effectiveness
     

  • Benchmark against leading and industry standards
     

  • Identify opportunities to streamline  processes and better align with enterprise risk
     

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TPRM Customer
Survey Support  
  • Support in responding to  due diligence requests from your customers
     

  • Create repositories to improve response time
     

  • Build  accurate, risk-aware responses that build customer confidence

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TPRM Program Development  
  • Design and implement a scalable, right-sized TPRM program
     

  • Define governance, workflows, intake criteria, due diligence processes, risk rating methodologies, and escalation paths — tailored to your risk appetite and resources.  

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TPRM Risk
Assessments
  • Independent risk assessments of vendor cybersecurity, data protection, and compliance controls
     

  • Create actionable risk ratings and recommendations — make informed decisions about vendor onboarding, renewal, or mitigation

Third-Party Risk Management as-a-Service

Let TBDCyber manage your TPRM program for you - from 10 to 10,000 vendors - aligned seamlessly with your existing processes.  Our TPRM-as-a-Service is delivered  efficiently and at a lower cost than a typical organization, allowing you to focus on your core business activities while we manage the complexities of vendor risk.  We offer three tiers of TPRM-as-a-Service:

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Tier 1: Fully Customized Enterprise 

When compliance, complexity, and audit readiness demand perfection, Tier 1 delivers. We build your entire TPRM program from the ground up — fully aligned to your regulatory landscape, risk tolerance, and operational processes. From custom policies and vendor assessments to full system integration and executive reporting, we become an extension of your team. 

 

Perfect for: Financial services, healthcare, government contractors, or any enterprise with high regulatory exposure. 

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Tier 2: Configurable Program Solution

For organizations that want some customization to improve their third-party risk program. Tier 2 offers the best of both worlds. We start with proven frameworks and modify key components to fit your primary risk drivers. You get the benefit of industry best practices with targeted flexibility to focus on what matters most to your business. 

 

Perfect for: Mid-sized companies balancing regulatory needs with efficiency. 

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Tier 3: Standardized TPRM Program 

Need to get a program in place quickly? Tier 3 offers a complete, ready-to-go solution based on standard templates, fixed assessments, and proven monitoring workflows. With minimal internal resource requirements, you can launch your third-party risk program in weeks, not months. 

 

Perfect for: Startups, smaller organizations, or companies needing rapid compliance readiness. 

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Benefits

Reduce Risk – minimize the risk of security breaches originating from third parties

Improve Resilience – strengthen the ability of your business to sustain disruptions within your supply chain

Data-Driven Decision Making – make informed decisions about your third-party relationships

Optimize Resources – ensure appropriate investments in people, process and technology for third-party risk

Contact Us

Manage your third-party risks effectively with our expert Third-Party Risk Management services.  Contact us to learn more.

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