MSSPs: Key Partners in the Evolving World of Third-Party Risk Management (TPRM)

Nov 4, 2024 | As TPRM grows, MSSPs offer essential support by closing visibility and expertise gaps. A recent BlueVoyant report shows progress: only 81% of organizations reported supply chain security incidents this year, down from 94%. MSSPs bring continuous oversight, bolstering TPRM programs by helping manage third-party relationships in increasingly complex supply chains.

BlueVoyant’s report highlights increased TPRM budgets and a shift to active risk reduction. MSSPs can support this evolution with their threat intelligence, continuous monitoring, and sector-specific expertise, enabling organizations to handle complex, evolving supply chain threats effectively.

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