Two People Managing 300 Vendors: Why Your TPRM Program Is Running on Willpower
Nearly three-quarters of organizations have two or fewer full-time employees managing vendor risk, even though more than half oversee 300 or more third-party relationships. Close to half experienced a third-party cyber event in the past year. The math does not work, and most TPRM teams know it. They are running on spreadsheets, manually chasing questionnaire responses, and conducting annual assessments that produce a point-in-time snapshot of a continuously changing risk surface.
Regulatory pressure is intensifying at the same time. Two-thirds of institutions face demands to enhance their TPRM programs, and frameworks like DORA and updated SEC disclosure requirements are raising the stakes for third-party oversight. The gap between what regulators expect and what lean TPRM teams can deliver is widening.
Closing that gap requires coordination across assessment automation, continuous monitoring, risk intelligence, and third-party visibility platforms to scale coverage without scaling headcount.
Topics include:
- Automating vendor risk assessments to scale coverage without scaling headcount
- Moving from annual questionnaires to continuous third-party monitoring
- Prioritizing vendor oversight based on actual risk rather than treating all vendors equally
Learn how resource-constrained TPRM teams are closing the gap between regulatory expectations and operational reality.
