Report: The State of Third-Party Risk Management 2020

TPR-Ecosystem-1200-1Download this new report that will allow you to benchmark your third-party risk management program in areas such as program staffing, risk assessment methods, and vendor remediation.  

We surveyed over 150 third-party risk practitioners to create the report, here are some key results:

  • 81% of respondents claimed that 3/4 of their vendors pass their security questionnaires
  • In contrast, only 14% of those surveyed trust that third parties security matches responses from their questionnaires
  • 31% of respondents stated that they have vendors they considered to be a material risk in the event of a data breach
  • The typical ratio of vendors to staff reported by TPRM programs is 50(vendors):1(staff)

 

Download the Report