Governance Risk Compliance
Third-Party Risk
The exposure to potential harm or loss resulting from external vendors, suppliers, contractors, or service providers who have access to the organization’s systems, data, or operations.
Quick answer: The exposure to potential harm or loss resulting from external vendors, suppliers, contractors, or service providers who have access to the organization’s systems, data, or operations.
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Quick answer
The exposure to potential harm or loss resulting from external vendors, suppliers, contractors, or service providers who have access to the organization’s systems, data, or operations.
Why it matters
Third-Party Risk matters because it supports clear communication in Governance Risk Compliance contexts for SOC Analysts, Security Engineers, and Incident Responders. It also connects to aviation training and exam language such as CISSP, CompTIA Security+, and CEH.
Editorial context
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Definition
The exposure to potential harm or loss resulting from external vendors, suppliers, contractors, or service providers who have access to the organization’s systems, data, or operations.
Operational example
A comprehensive third-party risk management program is necessary to evaluate and monitor vendors’ security practices before granting access to sensitive information.
Definition language
English reference definition
Source
ISO 27001, NIST Cybersecurity Framework, MITRE ATT&CK
Exam relevance
- CISSP
- CompTIA Security+
- CEH
Target audience
- SOC Analysts
- Security Engineers
- Incident Responders
