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Strategies for Staying Ahead of Third-Party Risk

October 3, 2023

Only 12% of organizations rate their third-party risk management (TPRM) program as highly mature in a recent AuditBoard poll of over 1,000 internal audit and risk management leaders. 
 
While organizations have drastically increased their use of third parties, third-party risk management (TPRM) maturity hasn’t kept pace. This guide from AuditBoard and RSM, Third-Party Risk Management: Trends and Strategies to Help You Stay Ahead of the Curve, translates current TPRM trends and lessons learned into actionable ideas to help your organization identify, reduce, and monitor third-party risk.

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RIMS, the  risk management society®️, empowers risk professionals to make the world safer, more secure, and more sustainable. Through networking, professional development, certification, advocacy, and research, RIMS and its 80 chapters serves more than 200,000 risk practitioners and business leaders from over 75 countries. Founded in 1950, the Society publishes the award-winning Risk Management Magazine and produces RISKWORLD®️, the largest annual gathering of global risk professionals. RIMS embraces diversity, equity and inclusion and welcomes all risk professionals to connect and learn, explore the online Risk Knowledge library, tune into the RIMScast podcast series, and engage via LinkedInTwitter, and Facebook. To learn more, visit www.RIMS.org.

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