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8 Third-Party Risk Management Challenges Solutions and Tips | UpGuard

An effectivehttps://www.upguard.com/blog/third-party-risk-management program allows organizations to assess potential https://www.upguard.com/blog/vulnerability and mitigate security risks across their entire ecosystem ofhttps://www.upguard.com/blog/third-party-vendor. It’s normal for organizations to face challenges when implementing ahttps://www.upguard.com/blog/what-is-third-party-risk management program into theirhttps://www.upguard.com/blog/cybersecurity-important regimen.

The first challenge an organization will face when implementing a TPRM program is creating a complete map of its vendor ecosystem.

A complete vendor-risk management software, such as https://www.upguard.com/product/vendorrisk, will allow an organization to: Proactively detect third-party security risks Rank security risks by severity Request remediation from vendors Waive non-critical risks Gather security evidence, and Prioritize remediation across their entire supply chain

https://www.upguard.com/blog/vendor-risk-management>How UpGuard Helps Organizations Streamline Their TPRM Programs https://www.upguard.com/product/vendorrisk product can help organizations streamline their TPRM program by automating risk assessment workflows, providing real-time posture updates, and increasing visibility across their vendor ecosystem.