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Essential Guide for Vendors: Key Features to Look for in a Cyber Security Assessment Tool for Healthcare TPRM
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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 31000
ISO 31000 is an international standard for risk management, providing guidelines and principles to help organizations identify, assess, and manage risks. This standard enables companies to establish a systematic approach to managing both internal and external risks, including those introduced by third-party vendors. Compliance with ISO 31000 helps organizations proactively address a wide range of risks, from cybersecurity threats to operational and reputational risks, ensuring informed decision-making and risk resilience.
ISO 31000 is particularly useful for assessing the risk profile of third-party vendors and integrating risk management practices throughout the vendor lifecycle. Adhering to ISO 31000 enables organizations to develop comprehensive risk assessment frameworks that protect sensitive data and maintain operational stability. By implementing these guidelines, companies foster a risk-aware culture and reinforce trust with clients and stakeholders through their commitment to risk management.