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Governance, Risk & Compliance (GRC)

Third-Party Risk Management

Suppliers, cloud providers and partners extend your attack surface. TPRM keeps that risk visible and managed.

Overview

What is Third-Party Risk Management?

Third-party risk management tiers suppliers by criticality and access, assesses their security posture through questionnaires, evidence and reviews, defines contractual security requirements and monitors suppliers over time — including their access to your systems.

Why it matters

When organizations need it

These are common signs that an organization would benefit from Third-Party Risk Management.

Signs you need it

  • Growing number of SaaS and service providers
  • Suppliers with access to sensitive data or systems
  • Regulatory expectations for outsourcing risk
  • No consistent supplier assessment process

Capabilities

Key capabilities

  • Supplier tiering

    Criticality-based segmentation.

  • Assessments

    Questionnaires, evidence review and follow-up.

  • Contract requirements

    Security clauses and obligations.

  • Ongoing monitoring

    Reassessment and access review.

Scope

What you receive

  • TPRM process and policy
  • Tiering model
  • Assessment templates
  • Supplier risk register

Our approach

How CoreIAM helps

We pay particular attention to third-party identities and access — often the most direct supplier risk.

Engagement

Engagement approach

  1. Assess

    Current state, obligations and gaps.

  2. Plan

    Prioritized roadmap and clear ownership.

  3. Implement

    Policies, processes and controls.

  4. Assure

    Internal audit, metrics and continual improvement.

Related

Explore Services

Discuss Third-Party Risk Management with our specialists

Tell us about your environment and objectives, and we will recommend the right scope and approach.

sales@coreiam.com +91 9384404008