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TPRM Services

Gain continuous visibility and control over vendor risk

Protect your business from third-party security, compliance, and operational risks—without manual overhead.

Your Risk Doesn’t Stop at Your Perimeter

Your vendors, partners, and service providers may directly or indirectly access your systems, customer data, infrastructure, or sensitive information. If they fail to maintain strong security and compliance practices, your organization is exposed.

 

Third-Party Risk Management (TPRM) ensures that every vendor you work with meets your security and compliance expectations—before onboarding and throughout the relationship.

How TPRM Works

A simple, structured lifecycle for managing vendor risk.

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1. Assess

Vendor Tiering & Structured Evaluations

Vendors are first tiered based on their criticality to your business, ensuring the right level of scrutiny. They complete security and compliance questionnaires and provide mandatory evidence such as policies, certifications, and reports. All submissions are centralized through the platform, enabling vendors to upload and manage required artifacts in one place.

2. Review

AI-based Evaluation & Compliance Marking

Vendor responses are mapped against your defined controls and evaluated using an AI-driven engine, with human verification ensuring accuracy and completeness. Based on this assessment, vendors are clearly marked as compliant or non-compliant, enabling consistent and transparent compliance decisions.

3. Monitor

Continuous Visibility & Remediation Tracking

Ongoing monitoring ensures vendor risk is continuously managed beyond onboarding. This includes periodic reassessments, real-time visibility into compliance status, and structured remediation tracking. Leadership dashboards and reports provide a clear view of vendor risk posture, enabling informed decision-making and sustained oversight.

What You Risk Without TPRM- and What You Gain With It

Without Structured TPRM, You Risk

What Our TPRM Platform Enables

  • Limited visibility into vendor security posture
  • Email-based, manual questionnaire tracking
  • Delays in collecting documentation
  • Inconsistent compliance decisions
  • Gaps during audits and regulatory reviews
  • Centralized vendor onboarding workflows
  • Vendor tiering – defines the criticality level of each vendor
  • Holistic vendor oversight – total third-party count, assessment progress, audit status and vendor risk.
  • Portfolio-level dashboards across all vendors
  • Audit-ready reporting for regulators and external auditors

Why CyRAACS for TPRM?

CyRAACS combines cybersecurity expertise with a scalable platform to deliver structured, defensible vendor risk management.

End-to end TPRM Offering

  • Vendor tiering & platform-led assessments with centralized tracking
  • Controls-based compliance with AI-based evidence evaluation and expert validation
  • Real-time dashboards for holistic visibility into vendor risk, assessment
    progress, and audit status
  • Consultation, deployment, and ongoing management of TPRM processes
  • Findings analysis with actionable remediation guidance

Frequently Asked Questions

TPRM is the process of identifying, assessing, and managing security and compliance risks posed by vendors and partners who access your systems or data

Vendors can introduce security, compliance, operational, and reputational risks. Effective TPRM ensures that third parties meet your security standards and regulatory requirements before and during engagement.

Vendors receive structured questionnaires that may include multiple-choice questions, descriptive responses, and requests for supporting documentation. They submit responses and evidence through the platform for review.

Responses and uploaded artifacts are reviewed against defined controls. Vendors are marked compliant, partially compliant, or non-compliant based on evaluation results.

Yes. Vendor risk management is a key requirement in frameworks such as ISO 27001, SOC 2, PCI DSS, and regulatory guidelines. Our TPRM services provide documented evidence and reporting to support audits.

Yes. Our platform is designed to support growing vendor ecosystems with centralized tracking, automated workflows, and dashboard visibility across all third parties.

Related Resources

Embracing RBI’s Directive: A Guide to Strengthen Third-Party Risk Management

Third-Party Risk Management in BFSI: A Complete Framework for Banks, NBFCs & FinTechs

Third-Party Risk Management – A Step-by-Step Guide to Getting Started

Vendor Risk 101: What Every Organization Needs to Know About Managing Third-Party Risk

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