Join Us for the 2024 Colorado Privacy Summit on September 26th! 

    • See What Our Team Is Up To

  • Contact Us

Third-Party Risk Management

Today’s interconnected business environment often requires the sharing of sensitive information with third parties, and as organizations continue to expand their third-party ecosystems, it’s crucial to put the right safeguards in place. Zaviant helps clients identify, assess, monitor, and mitigate threats to data security and privacy stemming from third parties. 

Third-Party Risk Management Expertise

Third-party risk management program design and implementation

Third-party audits

Third-party risk management technology integration

Third-party issue remediation and response

Contact Us - Header Form
By submitting this form, you agree to our Terms. View our Privacy Statement.

Trusted by Leaders of Industry

Our team of expert consultants works closely with Fortune 500 companies, mid-market businesses, and not-for-profit organizations spanning industries including retail, manufacturing, finance, technology, and more.

What is Third-Party Risk Management?

Third-party risk management, sometimes referred to as TPRM, is the process of identifying, assessing, and mitigating risks associated with third-party vendors. Because third parties often have access to an organization’s sensitive data, they can be the principal cause of cyberattacks, data breaches, and compliance failures.

Third-party risk management as a service often involves vendor risk assessments, due diligence, monitoring, and compliance management. Ultimately, the goal of third-party risk management is to help organizations effectively manage the privacy, security, regulatory, operational, financial, and reputational risks that may emerge from third parties.

Why is Third-Party Risk Management Important?

In our highly interconnected world, nearly all organizations engage with third-party vendors, suppliers, or partners to some degree. By effectively assessing and mitigating risks associated with these relationships, a strong third-party risk management program ensures the protection of sensitive information, the resilience of cybersecurity measures, and compliance with regulatory requirements. 

Protect Sensitive Information

Sharing data with third-parties is often necessary, but it always comes with risks. TPRM helps mitigate these risks.

Prevent Cyber Attacks

Third-party vendors can unintentionally create entry points for cyberattacks. TPRM puts safeguards in place to prevent this.

Stay Compliant

If your vendors aren’t compliant with privacy regulations, your organization may be at risk. TPRM ensures vendors meet all necessary compliance requirements.

A Compendium for Obtaining & Retaining Cyber Insurance

Take advantage of our free in-depth cyber insurance guide.

How Zaviant Can Help

Zaviant serves as a trusted third-party risk management partner for some of the nation’s largest companies. We can help your organization:

Design, implement, and manage a robust third-party risk management program

Integrate trusted third-party risk management technology solutions like OneTrust

Analyze third-party policies and procedures

Proactively identify and mitigate risks caused by third-parties

Related Services

Data Privacy

With new technologies, regulations, and best practices always emerging, organizations.

AI Governance

We tailor strategies to your unique risks and compliance needs, ensuring robust protection against cyber threats.

Managed Services

A well-run privacy program should cover vendor onboarding and management, compliance operations, regular impact.

Get In Touch

We look forward to hearing from you