---
title: "Webinar: A Third-Party Risk Management Masterclass"
description: Join RIskRecon for a live webinar Third-Party Risk Management a Masterclass.
image: https://blog.riskrecon.com/hubfs/third-party%20masterclass.png
---

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    - Use Cases 
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[![Know Your Rating](https://no-cache.hubspot.com/cta/default/2477095/95b2ee26-9922-486c-b700-3f9787354737.png)](https://cta-redirect.hubspot.com/cta/redirect/2477095/95b2ee26-9922-486c-b700-3f9787354737)

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#### Cyber Crisis Exercising: The Way Forward

Discover how cyber crisis exercising helps organizations build real resilience and respond effectively under pressure.

[Read More**](https://www.riskrecon.com/cyber-crisis-exercising-the-way-forward)

#### Free 3PTY Ratings

Get a free 30-day trial of the RiskRecon portal and see the ratings of up to 50 vendors.

[Read More**](https://www.riskrecon.com/know-your-portfolio)

#### Blog: Why Most Third-Party Risk Tools Miss Critical Issues and What Enterprises Can Do About It

This blog takes a closer look at why third-party cyber risk tools often miss critical vendor issues and what a more effective approach looks like.

[Read More**](https://blog.riskrecon.com/why-most-third-party-risk-tools-miss-critical-issues-and-what-to-do-about-it)

##### September 1, 2020

# Webinar: A Third-Party Risk Management Masterclass

**![third-party masterclass](https://blog.riskrecon.com/hs-fs/hubfs/third-party%20masterclass.png?width=373&name=third-party%20masterclass.png)**Third-party risk management (TPRM) programs are designed to offload that risk, but the current approach isn’t providing the intended results. According to the Ponemon Institute, nearly 61% of U.S. companies have experienced a data breach caused by a third party.

To build an efficient TPRM program, it's critical to understand which vendors and suppliers present the most risk, as well as which ones are essential to your operations. By understanding where to prioritize your time, you can onboard key vendors faster, spend the right amount of time performing due diligence, and invest the most resources assessing and monitoring the third parties that matter most, helping to increase security and performance.

[During this recorded webinar](https://executiveitforums.org/index.php?option=com_content&view=article&id=9507:riskrecon092420&catid=483:landing-pages&Itemid=435) a panel of experts will share their experiences and discuss how to:

- Overcome the most common vendor risk challenges  
- Prioritize your third parties by criticality  
- Streamline your due diligence and vendor assessment process  
- Encourage effective communication between internal stakeholders  
- Establish a continuous improvement cycle to encourage better results year over year  
- Achieve efficiencies out of TPRM tools

**September 24, 1:00 pm EST**

[![Watch Now](https://no-cache.hubspot.com/cta/default/2477095/41149dfe-adfc-4500-a097-2e65a5451644.png)](https://cta-redirect.hubspot.com/cta/redirect/2477095/41149dfe-adfc-4500-a097-2e65a5451644)

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[![Forrester-TLP-250](https://blog.riskrecon.com/hs-fs/hubfs/Forrester-TLP-250.png?width=250&name=Forrester-TLP-250.png)

## Webinar: Driving Value from Risk Ratings Platforms with Insights from Forrester

](https://www.riskrecon.com/webinar-risk-ratings-strategies-from-forrester-and-riskrecon)

[![safeguarding FIs from cyber risk-250](https://blog.riskrecon.com/hs-fs/hubfs/safeguarding%20FIs%20from%20cyber%20risk-250.jpeg?width=250&name=safeguarding%20FIs%20from%20cyber%20risk-250.jpeg)

## Safeguarding the Financial Sector in an Evolving Cyber Threat Landscape

](https://www.riskrecon.com/academy/safeguarding-the-finance-sector-in-an-evolving-cyber-threat-landscape)

[![Harnessing AI for TPRM Oct 2023-2](https://blog.riskrecon.com/hs-fs/hubfs/Harnessing%20AI%20for%20TPRM%20Oct%202023-2.jpg?width=250&name=Harnessing%20AI%20for%20TPRM%20Oct%202023-2.jpg)

## Harnessing AI for Enhanced TPRM: Driving Targeted Risk Intelligence

](https://www.riskrecon.com/academy/harnessing-ai-for-enhanced-tprm-driving-targeted-risk-intelligence)

[![riskrecon_by_mc_rgb_rev](https://blog.riskrecon.com/hs-fs/hubfs/2020_RR/riskrecon_by_mc_rgb_rev.png?width=150&height=74&name=riskrecon_by_mc_rgb_rev.png "riskrecon_by_mc_rgb_rev")](https://www.riskrecon.com/)

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#### Solutions

- [RiskRecon Cyber Ratings](https://www.riskrecon.com/solutions/riskrecon-by-mastercard)
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#### Use Cases

- [Third-party diagnostic & prioritization](https://www.riskrecon.com/use-case/third-party-portfolio-diagnostic)
- [Cyber Attack Protection](https://www.riskrecon.com/mastercard-threat-protection)
- [Cyber Risk Quantification](https://www.riskrecon.com/solutions/mastercard-cyber-quant)
- [Supply Chain Monitoring](https://www.riskrecon.com/use-case/supply-chain-monitoring-and-visualization)
- [Own Enterprise Monitoring](https://www.riskrecon.com/use-case/own-enterprise-subsidiary-monitoring)

#### Company

- [Why RR](https://www.riskrecon.com/why-riskrecon)
- [Our Story Leadership](https://www.riskrecon.com/team#leadership)
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#### Resources

- [Academy](https://www.riskrecon.com/academy)
- [Blog](https://blog.riskrecon.com/)
- [Events](https://blog.riskrecon.com/company/events)
- [Reports and WPs](https://blog.riskrecon.com/resources/reports-and-whitepapers)
- [Videos & Webinars](https://blog.riskrecon.com/resources/videos-and-webinars)
- [Ratings Model](https://www.riskrecon.com/cybersecurity-risk-rating-model)

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