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Third-Party Risk Management – How to Build a Strong TPRM Program

Third-Party Risk Management – How to Build a Strong TPRM Program

Organizations increasingly depend on third-party vendors, enhancing efficiency but introducing risks like data breaches and compliance violations. Effective Third-Party Risk Management (TPRM) programs are essential for identifying and mitigating these risks. With heightened regulatory scrutiny, leadership must prioritize TPRM as a strategic imperative, integrating risk management across functions while fostering a culture of accountability and continuous improvement.

Source: cybersecuritynews.com –

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