
Third-party risk management (TPRM) is the process of identifying, assessing and reducing the risks that come from an organization’s suppliers, service providers and partners. In cybersecurity the focus is on suppliers that hold the organization’s data, connect to its systems or deliver software it relies on. The related term cybersecurity supply chain risk management (C-SCRM) covers risks across the whole life cycle of products and services.
Regulations such as NIS2 and DORA make supply chain and ICT third-party risk an explicit duty.
Many breaches start at a supplier. Questionnaires show what a vendor says it does; external evidence shows what is happening. Leaked supplier credentials, data from a vendor offered for sale, or ransomware claims that name a partner are early warnings of a supply chain attack. Adding such signals to vendor reviews is the idea behind third-party intelligence.
Sources: NIST CSRC: Cybersecurity Supply Chain Risk Management (C-SCRM), NCSC: Supply chain security guidance