--- title: The 2024 Third-Party Risk Management Study description: Discover the trends, challenges, and initiatives impacting third-party risk management (TPRM) practitioners worldwide with our comprehensive report. image: https://grc.mitratech.com/hubfs/High-level_Website/Platform/Feature-Image/Mitratech_Web-Assets_Platform-Feature-Image.png --- [![mitratech-logo-dark](https://grc.mitratech.com/hs-fs/hubfs/Branding%20Kit/mitratech-logo-dark.png?width=190&height=23&name=mitratech-logo-dark.png) ![mitratech-logo-dark](https://grc.mitratech.com/hs-fs/hubfs/Branding%20Kit/mitratech-logo-dark.png?width=200&height=24&name=mitratech-logo-dark.png)](https://mitratech.com/) [![mitratech-logo-dark](https://grc.mitratech.com/hs-fs/hubfs/Branding%20Kit/mitratech-logo-dark.png?width=120&height=15&name=mitratech-logo-dark.png)](https://mitratech.com/) # The 2024 Third-Party Risk Management Study #### Discover the trends, challenges, and initiatives impacting third-party risk management (TPRM) practitioners worldwide. Download the report to benchmark your TPRM activities against key findings, including: - **Significant Risk Exposure:** 61% of organizations reported experiencing a third-party data breach or security incident in the past year, marking a 49% increase from the previous year. - **Resource Constraints:** Many organizations struggle with inadequate resources, with only one-third of vendor relationships being managed in a TPRM program. - **Dependence on Outdated Tools:** Half of the surveyed companies still rely on spreadsheets and multiple disparate tools to assess and manage their third-party relationships. - **Limited Remediation:** Despite tracking risks across the vendor lifecycle, few companies actually do anything about what they find. - **AI Strategy Deficiencies:** A significant gap in organizational AI strategies is hindering the adoption of advanced technologies to tackle persistent TPRM challenges. Register now, and you’ll get immediate access to a 26-page e-book revealing our findings and recommendations, plus an infographic highlighting key results. How can you step up your watch against third-party breaches? Download the Prevalent 2024 Third-Party Risk Management Study to find out!   ### Get the Insights ©2026 Mitratech. All rights reserved. [Privacy Policy](https://mitratech.com/privacy-policy/)