Shared Assessments partnered with Prevalent to study current trends, challenges and initiatives impacting third-party risk practitioners. The goal of the study was to provide a state-of-the-market on third-party risk with actionable recommendations that organizations can take to grow and mature their programs. Respondents to the study were leaders and decision-makers in third-party risk. In today’s business world, outsourcing key business functions is unavoidable. However, vendors have become the third rail of security and compliance. They come with significant risks which, if ignored, can lead your organization down a dangerous path.