Challenges in Third-Party Risk Management Third-party risk management (TPRM) faces several challenges, including a lack of visibility into vendor practices, insufficient due diligence, and the complexity of managing numerous vendors. Evolving regulatory requirements, limited resources for continuous monitoring, and difficulties in assessing the cybersecurity posture of third parties further complicate the process. Additionally, ensuring that vendors maintain compliance and effectively mitigating risks from subcontractors add to the complexity of a robust TPRM program. More Info: - https://www.infosectrain.com/blog/understanding-of-third-party-risk-management/