white paper

From Trust to Security: Third-Party Risk Management Strategies and Challenges

December 3, 2024

Running an enterprise IT operation in the 21st century requires effective management of third-party operators. Third-party partners maintain their own policies and vulnerabilities, which can open the door to disaster.

This new 2024 CyberRisk Alliance survey report highlights the critical importance of managing third-party risk in today’s enterprise IT landscape. Effective data security is not solely an internal matter; it extends to the policies and practices of third-party partners.

Enterprises must prioritize gaining clear visibility into how their data is accessed and handled by these partners. Get your free copy to gain valuable insights, such as: 54% of survey respondents have experienced a third-party attack or breach. Regular assessments of third-party security policies and practices remain a major concern.

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RIMS, the risk management society®, empowers risk professionals to make the world safer, more secure, and more sustainable. Through networking, professional development, certification, advocacy, and research, RIMS serves more than 200,000 risk practitioners and business leaders from over 75 countries. Founded in 1950, the Society publishes the award-winning Risk Management Magazine, RIMScast podcast series, and produces RISKWORLD®, the largest annual gathering of global risk professionals. RIMS welcomes all risk professionals to explore the online Risk Knowledge library, earn the RIMS-CRMP certification, and connect with the global risk community via the RIMS Engage online forum. Follow RIMSorg on X, Facebook, Instagram, and RIMS on LinkedIn. To support the future of the risk management profession, visit RIMS, The Foundation for Risk Management®.  To learn more or to join, visit www.RIMS.org.