What is Third-Party Risk?
Third-Party Risk The exposure to potential harm or loss resulting from external vendors, suppliers, contractors, or service providers who have access to the organization’s systems, data, or operations.
Source: ISO 27001, NIST Cybersecurity Framework, MITRE ATT&CK
How is “Third-Party Risk” Used in Practice?
A comprehensive third-party risk management program is necessary to evaluate and monitor vendors’ security practices before granting access to sensitive information.
Certification Exam Relevance
Who Needs to Know This Term?
- SOC Analysts
- Security Engineers
- Incident Responders
Learn “Third-Party Risk” Free with Termify
Master Third-Party Risk and 4,071+ professional terms with native pronunciation, IPA transcriptions and career quizzes. 100% free, forever.
Download Free for iOSFrequently Asked Questions
What is Third-Party Risk?
The exposure to potential harm or loss resulting from external vendors, suppliers, contractors, or service providers who have access to the organization’s systems, data, or operations.
Where can I learn this term for free?
Termify is a 100% free professional English app that teaches Third-Party Risk and 4,071+ other industry terms with native pronunciation, IPA transcriptions and career quizzes. Available on iOS in 23 languages. No subscription, no credit card required.
Last updated: