• Third Party Risk Management (TPRM) | Risk-Q

    Third Party Risk Management (TPRM)

    In a recent survey from the Ponemon Institute, 53% of organizations were found to have experienced at least one data breach where a third party was at fault. What’s more, the average cost of a third-party data breach is $7.5 million. The problem is clear: companies are using a trust model. We believe in a trust and verify model.