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10 Major Trends in Third Party Risks & Regulations

April 05, 2024

Companies rely on third parties and suppliers around the world to deliver their products and services efficiently and effectively. But these third parties are also becoming a company’s main exposure to legal, reputational, financial and strategic risk.

Third party risk management has come to a tipping point in the last few years as ten major trends have emerged. Each trend has brought with it new risks which have forced businesses to rethink their approach to due diligence and compliance.