Third-Party Risk Management: Where to Start

This podcast episode focuses on third-party risk management (TPRM), explaining its significance in today's interconnected business environment. It guides listeners through building a foundational TPRM programme, covering steps such as identifying third parties, conducting risk assessments, establishing policies, and leveraging technology and collaboration. The episode uses real-world examples to illustrate the consequences of poor TPRM, and encourages listeners to assess their own risk posture and initiate improvements. Practical tips and resources are provided, including mentions of relevant frameworks and software solutions. Finally, it advocates for a collaborative approach, involving various departments within an organisation.

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