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Ready for faster assessments, richer insights, and lower costs? Meet the next generation of Assessment Copilot.  

Whistic

Ready for faster assessments, richer insights, and lower costs? Meet the next generation of Assessment Copilot.  

Whistic

Third Party Risk Management Maturity Calculator

2024 research shows that almost 88% of recent security breaches began with a third party. Is your third-party risk management team ready to take on that challenge?

This TPRM Maturity Calculator offers a quick snapshot of your program. Just answer these 15 quick questions, and we'll share a maturity score, provide some context about how your approach stacks up, and offer resources to help you take the next step.

  1. We have organizational structures that establish accountability for the oversight of our vendor relationships.

  2. We have requirements for security provisions that should be included in vendor contracts.

  3. We have requirements for extension-of-contract obligations to our 4th parties.

  4. We have a policy that clearly outlines the requirements and objectives of our TPRM Program.

  5. We have a process to maintain an accurate inventory of vendors.

  6. We have defined a tiered vendor classification structure based on risk rating or risk category.

  7. We conduct risk-based assessments using a questionnaire or other documentation like third party audits and certifications.

  8. We identify control issues and make recommendations.

  9. We can easily track remediation plans, review with management and follow up with the vendor.

  10. We consolidate the issues of vendor assessments and can easily present open risks to management.

  11. We have sufficient staff to manage vendor risk management activities effectively.

  12. We can easily produce metrics that communicate our compliance with our program.

  13. We use technology solutions that leverage AI to manage the vendor risk assessment and remediation process.

  14. We have access to up-to-date security information on all of our vendors.

  15. We leverage external data sources to identify security risks or to help us complete assessments