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Third-Party Risks Aren’t Theoretical — They’re Already Disrupting Business

  • Writer: Rede Consulting
    Rede Consulting
  • 1 day ago
  • 2 min read

No business is truly isolated.

Every organization is part of a vast, interconnected ecosystem — of suppliers, vendors, partners, cloud services, and contractors. While this interconnectedness drives efficiency and innovation, it also opens new doors to disruption.


Third-party risks are no longer a distant threat. They’re here. They’re real. And they’re already causing operational chaos, data breaches, and reputational fallout.

From Back Office to Boardroom Concern

A single vulnerability in your vendor’s system can become your crisis.

  • A logistics partner’s cyberattack halts your global shipments.

  • A SaaS provider’s outage leaves your customer support system in the dark.

  • A supplier’s ESG violation triggers regulatory fines and media backlash.


What used to be considered “external” problems are now squarely “internal” crises — because your organization is accountable for the actions of those you do business with.



Why Third-Party Risk Is Escalating

  • Attackers target weakest links: Cybercriminals know that your defenses might be strong, but your vendors’? Not always.

  • Regulations are intensifying: Laws like GDPR, DORA, and CCPA are holding organizations responsible for their third-party ecosystem.

  • Supply chains are global — and fragile: Geopolitical tensions, natural disasters, and financial instability in far-off regions can halt critical services.

  • Trust is currency: In the age of transparency, a data leak from a vendor can make headlines with your name on it.



Disruption in Numbers

  • 60% of data breaches are linked to a third party.

  • 78% of organizations have experienced a vendor-related disruption in the past two years.

  • Only 15% of enterprises say they continuously monitor their third-party ecosystem.


The gap between awareness and action is where the real danger lies.



So, What Can Be Done?

It’s time to shift from periodic assessments to continuous monitoring. From manual reviews to automated workflows. From a compliance checkbox to a strategic resilience function.


At REDE Consulting, we specialize in helping organizations build and scale Third-Party Risk Management (TPRM) capabilities using the ServiceNow IRM platform. Our approach is designed to:

✅ Automate third-party onboarding and due diligence

✅ Categorize vendors by risk exposure

✅ Enable real-time risk scoring and alerts

✅ Trigger pre-defined workflows during vendor incidents

✅ Integrate ESG, cyber, and compliance checks — all in one platform


Because third-party risk isn’t a project. It’s a discipline.



Don’t Wait for a Crisis to Act

By the time the headlines hit, it’s already too late.


If you’re still relying on spreadsheets, static assessments, or infrequent reviews, you're leaving your organization exposed. The time to act is before the next disruption — not after.


Let REDE Consulting help you turn third-party risk into a competitive advantage.


📧 Reach out to us at info@rede-consulting.com 🌐 Learn more: www.rede-consulting.com



 
 
 

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