How to Identify Vendor Risk Types | Strengthen Your Third-Party Risk Management (TPRM)

How to Identify Vendor Risk Types | Strengthen Your Third-Party Risk Management (TPRM)

In today's interconnected business landscape, effectively managing vendor risks is essential. In this video, we dive deep into identifying and establishing clear vendor risk types as a critical step in strengthening your third-party risk management (TPRM) program.

You'll learn:

Why clearly defined risk categories matter.

Common vendor risk types (e.g., operational, financial, reputational, cybersecurity, compliance).

Practical tips for categorizing and prioritizing vendors based on risk.

Best practices for integrating risk types into your TPRM strategy.

Equip your organization to proactively manage vendor relationships and safeguard against potential threats.