Why You Must Join Our TPRM Program Starting July 21st 2025

• Understanding Third-Party & Fourth-Party Risks
• Vendor Lifecycle: Onboarding, Due Diligence, Monitoring, and Offboarding
• Understanding the Enterprise Risk Management (ERM) Values
• Differences in TPRM Across Industries
• Building a TPRM Framework Aligned with NIST, ISO, and FAIR Models

Hands-on Labs & Tools: •Google Rapid Response – Vendor cyber risk monitoring; •Open-AudIT – Discover third-party systems and assess security posture.
Deliverable: •Third-Party Risk Management Framework Documentation.

• Vendor Risk Classification (Tier 1, 2, and 3 Vendors)
• Third-Party Compliance Audits (SOC 2, ISO 27001, PCI DSS, GDPR)
• Risk Assessment and Due Diligence Processes
• Regulatory and Compliance Requirements

Hands-on Labs & Tools: •ERamba (Open-Source GRC) – Managing third-party risk assessments.; •Secure Controls Framework (SCF) – Mapping vendors to compliance frameworks.
Deliverable: Third-Party Compliance Assessment Report

•  Security Controls for Third-Party Vendors
• Threat Intelligence Monitoring for Vendor Risks
• Third-Party Incident Response Planning

Hands-on Labs & Tools: •MITRE ATT&CK Framework – Identifying third-party attack patterns; •AlienVault OSSIM – Threat intelligence and anomaly detection; •OpenCTI – Automated threat intelligence tracking for vendor risks.
Deliverable: •Third-Party Threat Intelligence and Risk Report.

•  Drafting Secure Vendor Contracts (SLA, DPA, Indemnification Clauses)
• Third-Party Due Diligence Checklists
• Vendor Breach Notification and Legal Risk Handling
• Governance, Roles, and Responsibilities

Hands-on Labs & Tools: •Nextcloud – Open-source document management for contract tracking; •LibreSign – Open-source contract and e-signature tool; •OpenKM – Vendor risk documentation repository.
Deliverable: •Vendor Contract and Legal Risk Management Report. 

• Healthcare (Hospitals, Pharma, MedTech)
• Technology (SaaS, Cloud, Hardware)
• Retail & E-Commerce
• Manufacturing (Automotive, Industrial)
• Energy & Utilities (Oil, Gas, Electric)
• Government & Defense
• Telecommunications (ISPs, Mobile Networks)
• Transportation & Logistics
• Higher Education & Research

Hands-on Labs & Tools: •HIPAA Guard – For healthcare third-party compliance checks; •PCI Security Standards Council SAQ – To assess third-party payment security; •OpenVAS – For vulnerability scanning of third-party networks.
Deliverable: •Industry-Specific Third-Party Risk Assessment Report: Tailored reports for healthcare, finance, retail, and manufacturing vendors.

• Automated Vendor Risk Scoring and Continuous Monitoring
• Vendor Breach Response and Third-Party Forensics
• Real-Time Vendor Risk Analytics
• Reporting, Metrics, and Continuous Improvement

Hands-on Labs & Tools: •TheHive (Open-Source Incident Response Platform) – Vendor incident tracking; 
•Cortex by TheHive – Automating vendor security monitoring; 
•Prowler (AWS Security Auditor) – Assessing cloud vendor security risks.
Deliverable: •Vendor Incident Response and Monitoring Report.

•  Understanding Fourth-Party Risks
• Supply Chain Vulnerabilities and Cascade Failures
• Contractual and Compliance Obligations with Fourth Parties
• Techniques for Mapping and Monitoring Fourth-Party Relationships
• Integration with ERM and Supply Chain Risk Management

Hands-on Labs & Tools: •RiskRecon – Open-source tool for fourth-party risk mapping; •SecurityScorecard Free Tier – To evaluate vendor’s third parties; 
•GRR – Monitoring downstream vendor activity.
Deliverable: •Fourth-Party Risk Assessment Report: Identifies supply chain risks and recommends mitigation measures; •Vendor Supply Chain Map: Visual representation of direct and indirect vendors.

•  Using AI & Automation for TPRM Risk Modeling
• Creating a Scalable TPRM Program in Large Enterprises
• Implementing a Vendor Risk Dashboard for Real-Time Visibility
• Advanced Reporting and Continuous Improvement

Hands-on Labs & Tools: •OpenGRC – Automating vendor compliance tracking; •RiskIT (ISACA Framework) – Building risk-based third-party controls; •OpenCTI & SIEM Integration – Real-time vendor threat intelligence.
Deliverable: •Automated TPRM Dashboard: For continuous vendor risk visibility; •AI-Powered Risk Assessment Report.

Final Project Requirements:

•Perform a complete third-party and fourth-party risk assessment.
•Build a TPRM framework for an enterprise using open-source tools.
•Develop a continuous monitoring strategy.
•Present the project to a panel of industry experts.
Deliverable:

Final Capstone Presentation: Demonstrates the full TPRM program.
•Compliance and Risk Reports: Includes evidence of assessments and controls.