Strong third-party relationships are more important than ever to businesses today. As the recent pandemic has clearly demonstrated, any disruptions to strategic partnerships—such as supply chain networks and manufacturers—can have a huge impact on a brand’s reputation and financial well-being. That’s why robust third-party risk management (TPRM) should play a key role in any company’s overall risk management strategy.

Read Building trust with persistent third-party risk management to learn:

• How data monitoring can help meet regulatory requirements while also providing valuable business insights 
• Ways to enhance your cybersecurity strategy and identify weak spots as part of your overall approach to third-party monitoring
• Why it’s so essential to align your TPRM with your overall business strategy

When it’s done right, a third-party risk management strategy can build trust and loyalty with customers, partners and stakeholders while protecting your business.