THIRD-PARTY RISK MANAGEMENT

Integrating NIST CSF into Third-Party Risk Management: Strategies for Enhanced Security and Compliance

NIST Cybersecurity Framework (CSF) helps third-party risk management (TPRM) professionals standardize the implementation, evaluation and documentation of cybersecurity practices in their third-party ecosystem.

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Cyber and Third-Party Risk Solutions
 

This guide will explore the NIST functions relevant to TPRM, the scale for determining how mature your NIST implementation is, supply chain requirements included in NIST CSF and the platform functionality that can help a team meet those requirements.

TPRM professionals evaluate vendors from a variety of industries and geographies, often from strikingly different regulatory environments and with different permissions, responsibilities and internal cybersecurity policies. By applying a standardized framework to their program, like the NIST CSF, TPRM teams can achieve faster, more consistent risk management that scales with the growth of the organization.

This guide will cover:

  • The six core functions of NIST CSF
  • The four tiers of the NIST Maturity Scale
  • The core supply chain requirements included in NIST CSF
  • The steps your team can take to integrate NIST CSF into its TPRM program
  • The functions a TPRM platform should have to enable NIST CSF implementation

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