A comprehensive survey conducted by RiskRecon, in partnership with Mastercard and Forrester Consulting, gathered insights from 507 global professionals to evaluate the impact of risk ratings on third-party risk management (TPRM). By analyzing responses to 11 key statements related to TPRM practices, organizations were segmented into TPRM leaders, intermediates, or laggards based on their level of maturity.
The findings highlighted that TPRM leaders, who actively incorporate cybersecurity risk ratings, achieve more successful and seamless programs, leading to increased confidence in their TPRM endeavors.
Take advantage of this insightful report to measure your organization against top-tier TPRM programs and explore how leveraging a risk ratings solution can enhance your strategy for mitigating cyber risks within your supply chain.