State of Third-PartyRisk Assessments 2026 The Cost of the Maturity Gap Organizations today believe their TPRM processes are mature, butthe data they shared via our 2026 survey tells a different story. Prepared in collaboration with Ponemon Institute Table of Contents Part 1:Introduction Part 2:The Ten Findings That Will Reshape YourApproach to Third-Party Risk Assessments Key Finding 1–Beliefs on TPRM EffectivenessKey Finding 6–Assessment ToolingKey Finding 2– Third-PartyBreaches Per MonthKey Finding 7– Vendor Response TimelinesKey Finding 3–Breaches & Financial ServicesKey Finding 8– VendorEcosystem & AssessmentsKey Finding 4–Assessment TimelinesKey Finding 9–Onboarding & RemediationKey Finding 5–Assessment ResourcingKey Finding 10–Assessing Fourth-Party Risk9181119132015221724 Part 4:Implications for Third Party Risk Leaders31 Appendix 1–Company LocationAppendix 2– Company SizeAppendix 3–Industry365877 Introduction to the Data& the Maturity GapPART 1 Organizations across many industries increasingly believe theirThird-Party Risk Management (TPRM) programs are mature. Thedata in the ProcessUnity State of Third-Party Risk Assessments2026 tells a more complex story. While most organizations haveestablished assessment processes, policies, and frameworks, thedata from our 1,465 respondents uncovers that many have notachieved true program maturity, and the gap between perceptionand reality is growing. That gap has a measurable cost. Organizations are experiencingfrequent third-party breaches, prolonged assessment cycles, slowvendor responses, incomplete remediation, and persistent blindspots across their third-party ecosystems. In fact, organizationsreport experiencing an average of 12 third-party breaches per year,signaling that third-party risk is not an edge case, but a recurringoperational reality. These outcomes highlight a critical truth: havingprocesses in place is not the same as operating a mature, scalable,and effective TPRM program. Organizationsreportexperiencingan average of12 third-partybreachesper year Purpose of this Study The ProcessUnity State of Third-Party Risk Assessments 2026 ,based on research conducted by the Ponemon Institute, examineshow organizations assess and manage third-party risk andevaluates whether current Third-Party Risk Management (TPRM)assessment programs keep pace with the realities of modernthird-party ecosystems. We studied how third-party risk assessmentprograms are executed in practice, how long they take, howconsistently they scale across vendor portfolios, how confidentorganizations are in them, and whether they meaningfully reducethe likelihood and impact of third party-driven incidents. Third-party risk assessments represent a foundational componentof TPRM programs. But while many organizations have formalizedassessment processes, policies, and governance structures inplace, this research evaluates whether those processes translateinto measurable outcomes, including reduced breach frequency,improved visibility, and timely remediation of identified risks. About the Research &Global Data Set The Ponemon Institute surveyed 1,465 third-party risk practitioners,managers, and leaders, including IT, security, risk, and complianceprofessionals who are directly involved in their organization’sthird-party risk assessment activities. Respondents representedorganizations across North America, EMEA (Europe, Middle East,and Africa), and APAC (Asia Pacific), and spanned a broad rangeof industries, including Financial Services, Technology & Software,Public Sector, Manufacturing, Healthcare, and others. The survey consisted of 34 primary questions, in addition todemographic questions related to organizational size, industry, andgeography. The questions examined a wide range of Third-PartyRisk Management practices and outcomes, including: •TPRM program maturity and perceived effectiveness•Assessment timelines and resource requirements•Vendor responsiveness and questionnaire completion•Portfolio coverage and visibility across vendorecosystems, including fourth-party risk•Onboarding decisions and remediation practices•Third-party breach frequency and impact•Systems, tools, and budget used to support assessments All responses were collected confidentially and analyzed inaggregate by the Ponemon Institute. To better understand how scale, geography, and industry influencethird-party risk outcomes, responses were analyzed by region,industry, and organizational size using the following definitionsthroughout this report: •Large organizations:More than 10,000 employees•Small organizations:10,000 employees or fewer Respondents representedorganizations across North America,EMEA (Europe, Middle East, andAfrica), and APAC (Asia Pacific) The TPRM Maturity Gap Based on survey responses, nearly half of organizations believe theirThird-Party Risk Management programs are mature. Many point tostandardized assessments, documented policies, defined workflows,and formal governa