The Role of TPRM in Reducing Operational and Reputational Risks

Wed, 23 Apr 2025 03:38:21 +0000

In today’s interconnected digital landscape, organizations rely more than ever on external vendors, suppliers, and partners to streamline operations. While this brings efficiency, it also introduces new risks that can affect a company’s operations, security, and reputation. This is where understanding the TPRM meaning becomes critical. TPRM, or Third-Party Risk Management, refers to the strategies and processes an organization uses to identify, assess, monitor, and mitigate risks associated with third-party relationships.