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Advocating for a 2025 Third-Party Risk Management Budget
One only needs to read the news to understand how crucial third-party risk management (TPRM) is. Given the rise in regulations in the U.S. and internationally, the relentless wave of cyberattacks and data breaches, as well as significant business continuity incidents, like the CrowdStrike outage impacting millions globally, it's clear that the risks associated with third, fourth, and nth parties should receive full attention from an organization's management and board.