The industry analyst firm Gartner® has named Trustwave a Representative Vendor in its latest publication, 2025 Gartner® Market Guide for Third-Party Risk Management Technology Solutions.
Trustwave believes the report is a guide for organizations considering third-party risk management (TPRM) technology solutions from vendors that will best suit their needs.
Its our view Trustwave was recognized because it optimizes the TPRM process by utilizing automation tools, AI, and human analysts to be both cost-efficient and provide valuable, actionable insights.
Gartner® defines the TPTM vendors as those offering solutions to identify, assess, manage, monitor, and report on third-party risks associated with vendors, suppliers, distributors, agents, partners, or other third parties. TPRM platforms in this market address the needs of a diverse range of customers and risk domains, including legal, compliance, procurement, supply chain, IT, cybersecurity and other teams that work with or provide routine oversight of third parties.
Gartner® noted that TPRM solutions must support the following activities:
- Identifying third-party risk: Determine which risk domains are relevant to a third party.
- Analyzing risk: Measure the potential impact on a customer's business or supply chain and provide an impact estimate.
- Managing and escalating risk: Offer platform functionality to surface and escalate risks, informing risk mitigation efforts. This may include escalation, tracking, action plans, and risk tiering.
- Continuous monitoring: Provide visibility into risk events through dashboards, reports, alerts, reminders, and notifications.
- Third- and fourth-party risk mapping and metrics: Offer risk mapping, risk visualization, metrics, and the ability to export third-party risk data for reports and presentations.
Trustwave's Third-Party Risk Mitigation Methods
Trustwave has conducted thousands of risk assessments over its 25+ years as a security provider using custom tools and solutions that include Trustwave SpiderLabs and our Managed Detection and Response (MDR) services, offers comprehensive solutions to help mitigate these risks.
Proactive Measures to Secure the Ecosystem
Trustwave emphasizes the importance of maintaining secure systems through offensive security measures such as regular penetration tests and different types of vulnerability scans.
This proactive approach ensures any malware, vulnerabilities, or other potentially exploitable features are found and removed before an attacker has a chance to utilize them.
Managing Vendor Risk with MVRA
Trustwave's Managed Vendor Risk Assessment (MVRA) service provides a structured approach to assessing the cybersecurity risks associated with an organization's supply chain. By utilizing a SaaS platform combined with human-led insights, MVRA helps identify high-risk suppliers and their security gaps. Additionally, the Supply Chain Risk Diagnostic evaluates a client's cyber supply chain risk management, identifying both internal and external vulnerabilities.
Managed Vulnerability Scanning (MVS) identifies security weaknesses within an organization's IT infrastructure, including networks, servers, applications, and endpoints.
Trustwave also advises organizations to maintain a clear inventory of all critical suppliers and to perform regular security due diligence. Keeping software and firmware updated with the latest patches is equally important, especially in mitigating risks associated with operational technology.
Furthermore, Trustwave recommends that third-party vendor contracts include stringent cybersecurity clauses. These may include requirements for regular security audits, prompt breach notifications, and adherence to data protection regulations.
How MDR Enhances Risk Mitigation
Even with robust third-party risk management, organizations often need continuous security monitoring. Trustwave's MDR services provide 24/7 threat monitoring, incident investigation, and response capabilities. By deploying technologies like Endpoint Detection and Response (EDR) and Security Information and Event Management (SIEM), MDR helps identify potential breaches in real time.
An MDR provider like Trustwave goes beyond alert generation by analyzing alerts, identifying false positives, and pinpointing root causes. Services such as advanced threat hunting and digital forensics further strengthen the response strategy. In the event of a cyber incident, Trustwave's Digital Forensics and Incident Response (DFIR) team can quickly mobilize to investigate and mitigate threats.
Additionally, we recommend maintaining an up-to-date inventory of all software components, including vendor-developed tools and operational technology, to reduce risk.
By combining these strategic services, Trustwave empowers businesses to not only understand but actively mitigate third-party risks, ultimately enhancing overall cybersecurity resilience.
Gartner, Market Guide for Third-Party Risk Management Technology Solutions, Antonia Donaldson, et al., 5 May 2025
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