Third Party Risk

Category: Risk Management

What is Third Party Risk?

Potential risk arising from an organizations reliance on external parties such as vendors, suppliers, and service providers.

Related terms

• Vendor Risk
• Due Diligence
• Outsourcing

More Risk Management terms

• Accepted Risk
• Back-testing
• Bowtie Analysis
• Climate Risk
• Country Risk
• Due Diligence

Back to the full glossary · Browse resources · See Risk Atlas in action