Third-Party Risk Management Strategies for the Indian Market | UpGuard
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This article provides an overview of third-party risk management (TPRM) for Indian organizations, summarizing types of third-party risks, notable historical third-party incidents in India, relevant regulations (IT Act, DPDP 2023, RBI guidance), common TPRM challenges (regulatory complexity, resource constraints, diverse vendors, continuity) and recommended solutions such as automated TPRM tools, continuous monitoring, and incident response planning, while positioning UpGuard Vendor Risk as a platform and service to support these activities.
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