TPRM - Third Party Risk Management Home Cybersecurity Dictionary TPRM - Third Party Risk Management TPRM is the process of analyzing and controlling risks presented to an organization, its data, operations and finances by parties OTHER than the organization itself. Technology platforms and business processes are applied to manage, monitor, and mitigate an organization's risks that are created by its interdependencies with third-party business partners (such as suppliers, vendors, cloud technology providers, etc.). TPRM represents one critical component of a comprehensive IRM (or GRC) program. Related Terms Share: Seeking Clarity? View the Cybersecurity Dictionary for top terms searched by your peers. Back to the Dictionary RELATED INSIGHTS DOWNLOAD March 08, 2018 The Five Steps to Managing Third-Party Risk Learn how to manage the many forms of third-party risk. See Details Read more about The Five Steps to Managing Third-Party Risk BLOG June 08, 2018 The Business Trusts the Third Party – Should You? In this day and age we are faced with some hard facts within information security. One of those facts is that breaches are imminent and we must be pre... See Details Read more about The Business Trusts the Third Party – Should You? How Can We Help? Let us know what you need, and we will have an Optiv professional contact you shortly.