There’s rising pressure – both internal and external – to enhance TPRM.
Cybersecurity remains a top priority with vendor artificial intelligence (AI) risk a close second.
Organizations are rolling out controls to stay ahead of growing vendor AI risk.
Third-party risk management teams are stretched thin even as vendor portfolios continue to grow.
TPRM programs are maturing as organizations move away from manual vendor risk management processes.
Most organizations believe there is ROI in third-party risk management activities.
3
2
1
6
4
5
Survey Highlights