What is Third-Party Risk Management and Why Does It Matter?

Originally published by Schellman.Written by Sara Mylin.As threats continue to evolve and grow more creative and sophisticated, cybersecurity remains a paramount concern of organizations everywhere. But these days, it’s not enough to implement the necessary data to protect the data in your systems—more and more, bad actors are targeting third-party providers as a backdoor into their greater supply chains, making third-party risk management (TPRM) more important than ever. We’ve been in the…