NIS2 Is Live. What Organizations Need to Do About Third-Party Risk Management

NIS2 directive third-party risk management compliance steps

NIS2 is no longer a future requirement. As of June 2026, 23 out of 27 EU Member States have transposed the NIS2 Directive into national law, allowing national authorities to begin enforcement activities. While implementation timelines may vary across jurisdictions, the direction is clear: organizations within the scope of NIS2 are expected to demonstrate compliance … Read more

The Hidden Cost of Vendor Trust: What NIS2 and DORA Actually Require Beyond a Checklist 

A Checklist Isn't Enough Anymore" by 3rdComply on NIS2 and DORA vendor risk requirements

Ask most compliance teams what NIS2 or DORA requires for third-party risk, and you’ll get a version of the same answer: “We need to assess our vendors and document it.”  Technically true. Practically incomplete.  Both regulations were written in direct response to a pattern regulator kept seeing companies with strong internal security getting compromised through a vendor, supplier, or service provider nobody scrutinized closely … Read more

Why “Fast” Questionnaires Are the Wrong Metric for Trust 

Every vendor risk platform on the market wants to tell you the same story: fill out this questionnaire faster, get approved faster, move on with your day.  It sounds great. It’s also solving the wrong problem.  The Speed Trap  Somewhere along the way, the TPRM industry decided that the biggest pain point in vendor risk management was time. So, the … Read more

Why Continuous Vendor Assessments Matter

Continuous vendor risk assessment concept illustrating ongoing supplier monitoring

For years, third-party risk management (TPRM) has followed a familiar pattern. A supplier isonboarded, completes a security questionnaire, shares a few certifications, and passes arisk assessment. The results are documented, filed away, and often not revisited until thenext annual review. Suppliers continuously change their infrastructure, software, personnel, and securitycontrols. New vulnerabilities emerge daily, threat actors … Read more

How AI is Transforming Third Party Risk Assessment

How AI transforms third party risk assessment process

Third party risk assessment has always been one of the most demanding tasks for compliance and risk teams. Hundreds of vendors. Thousands of pages of security documents. And a growing list of regulatory requirements that hold organizations accountable for every third party they work with.  For years, the answer was simple: hire more people, send more questionnaires, and read more documents.  But that approach is no longer sustainable.  Today, AI is fundamentally changing how organizations assess vendor risk making the process faster, smarter, and more scalable than ever before. Here’s how.  The Problem with Traditional Vendor Risk Assessment  Most compliance and risk teams today still rely on manual processes:  This approach has one major flaw: it doesn’t scale and it takes too long.  Reading one SOC 2 report alone can take 2 to … Read more

TPRM has an offshoring problem. And outsourcing alone won’t fix it.

TPRM has an offshoring problem - outsourcing won't fix it | 3rdComply

The administrative burden of third-party risk management has driven enterprises to offshore the work for decades. But the real issue was never headcount it was tooling. Third-party risk management from a security perspective is not a new discipline especially in banking and financial services, where regulators have demanded structured vendor oversight for decades. Enterprises in … Read more

Your security questionnaire is broken. Here’s what to do instead.

Automated scanning tools are great but they’re not the whole story. There’s a smarter, faster way to assess your vendors. Search for “third-party cyber risk management” today and you’ll quickly land on a familiar set of names: SecurityScorecard, BitSight, Black Kite. These automated vulnerability scanning tools have become the go-to answer for security teams looking … Read more