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TPRM is Broken: Healthcare’s Unsustainable Approach to Third-Party Vendor Risk Management
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The Ultimate TPRM & Cyber Risk Glossary
When in doubt, use an acronym.
Whether you’re a seasoned healthcare CISO or you’re new to the industry and convinced people are just making up acronyms—this glossary has you covered. From standard industry frameworks to CORL-specific terms, it’s your Rosetta Stone for healthcare TPRM, cyber risk, and compliance.
Understanding ISO 27001
ISO 27001 is an international standard for information security management systems (ISMS), providing a framework for organizations to establish, implement, maintain, and continually improve information security practices. This standard helps organizations protect sensitive data from threats such as cyberattacks, data breaches, and unauthorized access. CORL and Meditology Services help companies comply with ISO 27001 by demonstrating a commitment to safeguarding information assets, which is critical when managing third-party risks involving vendors who may handle sensitive data.
ISO 27001 requires organizations to assess risks and implement controls to protect data integrity, confidentiality, and availability. It is essential to evaluate whether third-party vendors have achieved ISO 27001 certification, as this can indicate their commitment to rigorous security protocols. Certification not only reduces the risk of data breaches but also fosters trust with stakeholders by demonstrating a proactive approach to information security.