Glossary · IT Procurement
Third-Party Risk Management
Updated June 20, 2026 · Reviewed by Shorim Haniffanshoib, Head of Editorial — IT Strategy & Enterprise
TPRM (Third-Party Risk Management) is the systematic process of identifying, assessing, monitoring, and mitigating risks originating from third-party vendors, suppliers, and partners across the engagement lifecycle — onboarding, ongoing monitoring, through offboarding. After incidents such as SolarWinds (2020), Kaseya (2021), and repeated vendor-borne data breaches in Indonesia's banking sector (OJK POJK 11/2022), Indonesian and global finance regulators (OCC, FFIEC, EBA, MAS) tightened TPRM requirements. A complete TPRM program includes: (1) vendor due diligence questionnaire (CAIQ, SIG, or custom), (2) financial health check (credit rating, latest audited financials), (3) security posture assessment (ISO 27001, SOC 2, recency of penetration tests), (4) data flow mapping (does the vendor process the client's PII — relevant to UU PDP), (5) tested BCP/DR plan, (6) continuous monitoring (annual re-assessment + breach notification clause in contract). B2B laptop vendors fall within the TPRM scope of banking/healthcare/MNC clients: Arental provides a complete vendor packet (NIB, NPWP, ISO 27001 statement, SLA template, NDA template, breach notification SOP) so client procurement teams can complete vendor onboarding within five business days.
TPRM (Third-Party Risk Management) frequently appears in B2B IT procurement contexts: TPRM (Third-Party Risk Management) is the systematic process of identifying, assessing, monitoring, and mitigating.
| Domain | Procurement |
|---|---|
| Full form | Third-Party Risk Management |
| Also written as | Third-Party Risk Management, Manajemen Risiko Pihak Ketiga |
| Part of | Arental IT Procurement & B2B Laptop Rental Glossary |
| Last reviewed | 2026-06-20 |
At which stage does TPRM come up during the Arental laptop rental process?
TPRM (Third-Party Risk Management) is directly relevant to a B2B laptop rental engagement, so it is worth confirming up front during the quote and contract stage. In short: TPRM (Third-Party Risk Management) is the systematic process of identifying, assessing, monitoring, and mitigating risks originating from third-party vendors, suppliers, and partners across the engagement lifecycle. Discuss the specifics with the Arental team so the right clauses and procedures are built into your rental contract.
Answered by Shorim Haniffanshoib, Head of Editorial — IT Strategy & Enterprise
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