Third-Party Vendor Risk Management in U.S. Treasury Operations | UpGuard

An overview of third-party risk within the U.S. Department of the Treasury that explains its mission and reliance on vendors, outlines key vendor risk categories (cybersecurity, compliance, operational, supply chain, reputational, financial stability, legal), and recommends best-practice controls including due diligence, risk assessments, SLAs, access controls and data security, continuous monitoring, incident response and recovery, regulatory compliance, and a comprehensive vendor risk management program; it also references 2023 U.S. banking interagency guidance and promotes UpGuard’s TPRM platform features.