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What Is TPRM and Why You Shouldn’t Ignore It

Coopsys TechTalks Ep. 3 - What Is TPRM and Why You Shouldn’t Ignore It How often do you conduct a TPRM check? TPRM stands for Third-Party Risk Management, and it is essential for safeguarding both the operational integrity and compliance of a company, especially in highly regulated industries. As companies increasingly rely on third-party vendors for critical functions, the complexity of these external ecosystems introduces new risks, particularly in areas like cybersecurity, operations, and regulatory compliance. A well-executed TPRM strategy helps identify, assess, and mitigate these risks through rigorous cybersecurity measures, compliance checks, and operational oversight, ensuring that vendors adhere to industry standards and legal requirements. In the third episode of Coopsys TechTalks, our Sales Manager and a member of the Security Team dive into the topic of "Vendor/Third-Party Risk Management." If there is a topic you would like us to cover in an upcoming episode, please share your suggestions in the comments below. We’d be happy to address them!