1 year ago

A lack of direct communication with your fourth-party vendors makes tracking their security risks difficult. In the context of cybersecurity, fourth-party risks involve all security risks from your fourth-party vendors that could negatively impact the security posture of your business.

To mitigate these risks, organizations must prioritize identifying their critical fourth-party vendors and ensure their third-party vendors have a robust Vendor Risk Management program to vet and monitor them.

A TPRM program (or Vendor Risk Management program) bridges the gap between your security posture and those of your third-party vendor, which, in turn, establishes a framework for tracking the risks of your fourth-party vendors (your vendor’s vendors).

Customers use UpGuard’s fourth-party risk module to support their fourth-party risk management program by: Keeping track of emerging fourth-party risks to detect third-party and subcontractor breach threats.