3rdRisk featured in Liminal's Market and Buyer’s Guide for TPRM

According to the Liminal's Market and Buyer’s Guide for Third-Party Risk Management, businesses today are more interconnected than ever, relying on third-party partnerships to drive growth, innovation, and efficiency. However, these partnerships also bring significant risks, including data breaches, regulatory fines, and operational disruptions. In a landscape shaped by stricter regulations, rising cyber threats, and fragmented vendor ecosystems, Liminal emphasises that effective Third-Party Risk Management (TPRM) is no longer optional—it’s essential.

Liminal's Market and Buyer’s Guide for Third-Party Risk Management underscores the growing importance of effective Third-Party Risk Management (TPRM) in a fast-changing landscape defined by stricter regulations, increasing cyber threats, and fragmented vendor ecosystems. As the authors point out, TPRM is no longer optional—it’s essential.

Key takeaways of the report

According to Liminal, the rapid expansion of Third-Party Risk Management (TPRM) is driven by key factors such as regulatory frameworks like GDPR and DORA, as well as emerging challenges like AI governance and cloud vulnerabilities. Despite its growing importance, only 9% of organisations achieve advanced TPRM maturity, with many remaining vulnerable due to a lack of real-time monitoring. Liminal highlights critical threats posed by AI, cloud vulnerabilities, and fourth-party risks—areas where most businesses are still unprepared. They also emphasise how automation, integration, and continuous monitoring tools are transforming TPRM, enabling organisations to transition from reactive to proactive risk management.

3rdRisk notable technology provider

We are proud to be recognised in the research as a notable provider of third-party risk management technology. This acknowledgment underscores our commitment to empowering organisations with innovative solutions that address the complexities of today’s interconnected business environment. Being featured highlights the value our platform brings to helping businesses navigate regulatory requirements, mitigate cyber threats, and manage risks across fragmented vendor ecosystems.

Download the guide

Get your copy now via Liminal’s website.