Third-party risk management (also referred to as TPRM) plays a crucial role in compliance, covering the process and practices that organizations implement to identify, assess, monitor, and mitigate risks associated with their relationships with third-party vendors, suppliers, contractors, and partners.
TPRM is crucial for maintaining regulatory compliance, data security, and overall operational integrity, as third-party entities often have access to sensitive data, systems, or critical business processes.
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If you are searching for the perfect place to start learning about TPRM and ensuring you are TPRM compliant, we’ve got some good news for you!
We’ve created a wealth of information on TPRM compliance, allowing you to cut through the noise and unnecessary noise and jargon and start learning about the essential regulations your business must adhere to.
Here are some articles that can help you learn more about TPRM:
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In many ways, third-party risk management is even more complicated than handling your own risk management. Not only do you have to ensure that the contracts you have in place are within regulations and comply with the relevant legislation, but you also need to ensure you are aligning your business with respectable vendors who are also compliant.
As a result, TPRM can feel a bit like a minefield at times! Captain Compliance take the grey area out of TPRM with our detailed breakdown of everything you need to know about the subject.
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Third-party risk management is a huge subject, spanning many aspects and covering lots of aspects of your organization.
The team at Captain Compliance have worked hard to create a bank of articles you can lean on to unearth every vital piece of information about TPRM to ensure there are no holes in your compliance strategy.