Third-party risk management (TPRM) is the process of identifying, assessing, and mitigating risks that arise from working with external vendors, service providers, and data processors. In the context of data privacy, third-party risks include unauthorised data access, non-compliant data processing, data breaches caused by vendor negligence, and the use of tracking technologies without proper consent.
Under the GDPR, data controllers remain responsible for ensuring that their processors comply with data protection requirements, making TPRM an essential component of any compliance programme.
An effective third-party risk management framework includes vendor due diligence, contractual safeguards such as Data Processing Agreements, ongoing monitoring, and regular assessments. Organisations should evaluate each vendor’s data handling practices, security measures, and compliance certifications before engagement.
Periodic audits and assessments help detect emerging risks. For websites, this means reviewing the cookies and scripts loaded by third-party services to ensure they align with your consent and privacy policies.
Seers’ cookie scanning technology automatically detects and catalogues all third-party scripts and cookies on your website, giving you visibility into which vendors are collecting data and for what purpose. This transparency is the first step in effective TPRM. Seers.ai ensures that third-party tracking only activates when users have granted consent, reducing the risk of non-compliant data collection by external vendors.
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