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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.

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Understanding Third-Party Risk Management (TPRM)

At CORL, third-party risk management (TPRM) encompasses a broader scope than vendor risk management, addressing the risks posed not only by vendors but also by partners, contractors, and other affiliates involved in your organization’s operations.

TPRM focuses on identifying, assessing, and mitigating risks across the entire third-party ecosystem, ensuring that any external entities connected to your organization comply with security and regulatory standards, helping protect sensitive data and reducing potential threats. This includes continuous monitoring, compliance verification, and risk mitigation strategies.

CORL remodels third-party risk management by combining the best of technology and human services to accelerate the process while enabling new insight.

Take the journey with CORL.