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Third-Party Risk Management Framework: How to Select the Right One

ID: 1258a8e9-5d65-58ce-a942-22213165ccaf

STIX ID: report--1258a8e9-5d65-58ce-a942-22213165ccaf

Feed Name: SecurityScorecard Blog

Date Published: 2025-11-19

Date Updated: 2026-04-29

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Third-party relationships introduce measurable cybersecurity risk; this report explains why organizations remain liable for third-party failures, cites statistics on breaches caused by third parties, outlines best practices for third-party risk management (framework selection, inventorying vendors, risk segmentation, governance, and three lines of defense), and recommends SecurityScorecard’s Security Ratings to help identify and prioritize third-party cyber risks.

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