Definition
Third-Party Risk refers to the potential threats and vulnerabilities introduced to an organization through its relationships with external vendors, partners, contractors, and service providers who access its systems or data.
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Common questions about Third-Party Risk answered by our security experts.
Related Terms
Vendor Risk Management
Vendor Risk Management is the process of assessing, monitoring, and mitigating security risks posed by third-party vendors, suppliers, and service providers who have access to an organization's data or systems.
Supply Chain Attack
A Supply Chain Attack targets an organization by compromising a trusted third-party vendor, software provider, or service in its supply chain, using the trusted relationship to deliver malware or gain unauthorized access.
Risk Management
Risk Management is the ongoing process of identifying, assessing, prioritizing, and mitigating cybersecurity risks to reduce their potential impact on an organization's operations, assets, and reputation.
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