Small Business TPRM Series: Part 8: Continuous Vendor Monitoring Without Expensive Tools Introduction Most small businesses do a decent job of evaluating vendors during onboarding — asking a few questions, reviewing documentation, and signing a contract. But after that? The relationship often goes on autopilot. Meanwhile, vendors change their systems, adopt new subcontractors, experience breaches, […]
Small Business TPRM Series: Part 7: Contracts, SLAs, and Security Clauses for SMBs Introduction When you choose a vendor — whether it’s an MSP, cloud platform, payroll provider, or SaaS tool — you’re entering a relationship built on trust. But trust alone isn’t enough. Contracts and service agreements are where expectations become enforceable, and where […]
Small Business TPRM Series: Part 6: Reviewing Vendor Security Documentation Introduction When a vendor tells you, “We’re secure — we have a SOC 2,” what does that actually mean? For many small businesses, security documentation feels confusing, overly technical, or designed for auditors rather than everyday business owners. But these documents contain important clues about […]
Small Business TPRM Series: Part 5: What to Ask Vendors: Practical Security Questions Introduction When you bring a new vendor into your business (whether it’s a cloud platform, MSP, payroll provider, or marketing tool), you’re trusting them with your operations, your data, and your reputation. But most small businesses don’t know what to ask vendors […]
Small Business TPRM Series: Part 4: How to Classify and Prioritize Your Vendors Introduction Not all vendors carry the same level of risk. Your office supply vendor doesn’t pose the same threat as your MSP. A marketing tool doesn’t have the same impact as your payroll provider. Yet most small businesses treat all vendors the […]
Small Business TPRM Series: Part 3: Building a Simple, Scalable Third‑Party Risk Management (TPRM) Program Introduction Most small businesses know they rely on vendors — but very few have a structured way to evaluate, monitor, and manage the risks those vendors introduce. The good news: you don’t need a large security team or complex software […]
Small Business TPRM Series: Part 2: What Is Third‑Party Risk Management (TPRM)? Introduction Every small business relies on outside companies to operate — from cloud platforms and payroll providers to marketing tools, MSPs, and specialized contractors. But as your vendor list grows, so does your exposure. Third‑Party Risk Management (TPRM) is the discipline that helps […]
Small Business TPRM Series: Part 1: Why Third-Party Risk Management Matters for Small & Mid‑Sized Businesses Introduction Small businesses depend on vendors more than ever — cloud platforms, SaaS tools, MSPs, payroll providers, marketing apps, and outsourced specialists. These partnerships make operations faster and more affordable, but they also create a quiet, often invisible risk: […]
As the year draws to a close, it’s crucial for organizations to address outstanding risk management tasks to ensure a smooth transition into the new year. Have you postponed some risk management activities? Here are some key areas that may require attention: How SQ Risk Can Assist SQ Risk is a provider of competitive and […]
Third-Party Risk Management (TPRM) is a complex process that presents several challenges for organizations. Creating a comprehensive vendor risk management policy that is both effective and adaptable to the changing landscape of third-party relationships is a challenge that organizations must continuously address to safeguard their operations and data. Another difficulty is effective ecosystem mapping, which […]