Magazine

When Third Party Risk Becomes Your Biggest Strategic Threat

This article explores how third-party risk management has evolved into a strategic business discipline as organizations become increasingly dependent on external providers and interconnected ecosystems. Featuring insights from Julie Gaiaschi of TPRA, the piece examines the growing complexity of regulatory expectations, continuous monitoring, operational resilience, and AI-driven risk management. It highlights how organizations must move beyond siloed approaches toward enterprise-wide integration and proactive oversight. As supply chains and vendor ecosystems become more critical to operations, third-party risk is now central to resilience and long-term business strategy.