Risk Scoring (TPR-002-R006) - TPR-002

Requirement Details & Guidance

TPR-002-R006 · TPR-002

Why This Requirement Exists

This requirement exists to assess third-party risk before engagement and periodically thereafter, including security, privacy, financial, compliance, scoring, acceptance, reporting, review, and improvement, specifically addressing risk scoring, so that third-party risks remain identified, controlled, and aligned with organizational risk appetite.

Implementation Guidance

Establish and document the process for risk scoring. Define accountable owners, required inputs and outputs, assessment or approval criteria, review frequency, monitoring, reporting, exception handling, evidence requirements, and escalation paths. Apply the process consistently across relevant third parties based on criticality, data sensitivity, service dependency, and risk.

Practical Application & Audit Readiness

TPR-002-R006 · Field Guidance

Business Examples

Common Audit Findings

Common Mistakes

Best Practices & Ownership

TPR-002 · Recommended Approach

Recommended Practices

Typical Owner

Cross-Mapped Regulatory Frameworks

Harmonized Control Mappings

FRAMEWORK CODE	FRAMEWORK NAME & DETAILS	FAMILY / CATEGORY	VERSION	ACTION
CIS-V8	CIS Controls CIS Controls are a prioritized set of cybersecurit... Clause: Control 15 – Service Provider Management: 15.5 – Assess Service Providers	CIS Best Practice	vv8	View →
DORA	Digital Operational Resilience Act The EU Digital Operational Resilience Act establis... Clause: Article 28(1) – General principles for ICT third-party risk management Article 28(3) – Contractual arrangements for ICT services and third-party risk	EU Regulation	vCurrent	View →
HIPAA	Health Insurance Portability and Accountability Act HIPAA is a U.S. federal law supported by implement... Clause: § 164.308(a)(2) Standard: Risk analysis	US Law	vCurrent	View →
IRDAI	IRDAI Information & Cyber Security Guidelines IRDAI information and cyber-security requirements... Clause: §2.14-3.4 – Periodic assessment; §1.8-III – Technology Risk Assessment Process	India Guideline	vLatest	View →
ISO27001	ISO/IEC 27001 ISO/IEC 27001 specifies auditable requirements for... Clause: 6.1.2 – Information security risk assessment	ISO Standard	v2022	View →
NIS2	NIS2 Directive The NIS2 Directive establishes EU-wide cybersecuri... Clause: Article 21(2)(d) – Supply chain security, including relationships with direct suppliers/service providers Article 21(3) – Supplier vulnerabilities, product/cybersecurity quality and secure development; critical supply-chain risk assessment results	EU Directive	vCurrent	View →
NIST-CSF	NIST Cybersecurity Framework (CSF) The NIST Cybersecurity Framework provides high-lev... Clause: GV.SC – Cybersecurity Supply Chain Risk Management \| GV.SC-01 – A cybersecurity supply chain risk management program, strategy, objectives, policies, and processes are established and agreed to by organizational stakeholders GV.SC – Cybersecurity Supply Chain Risk Management \| GV.SC-07 – The risks posed by a supplier, their products and services, and other third parties are understood, recorded, prioritized, assessed, responded to, and monitored over the course of the relationship	NIST Framework	v2	View →
NIST80053	NIST SP 800-53 NIST SP 800-53 Rev. 5 presents control families, i... Clause: 3.16 – RISK ASSESSMENT; RA-3 – RISK ASSESSMENT	NIST Control Catalog	vRev. 5	View →
NPCI-ISR	NPCI Information Security Requirements NPCI information-security requirements define cont... Clause: Governance Controls; Policy, Roles and Risk Linkages – Cyber Risk Management programs	India Standard	vLatest	View →
PCI-DSS	PCI DSS PCI DSS is an industry security standard maintaine... Clause: 12.8.1 – A list of all third-party service providers; 12.8.2 – Written agreements with TPSPs are	PCI Standard	v4	View →
RBI-CSF	RBI Cyber Security Framework / Master Directions RBI cyber-security requirements and directions set... Clause: 11) Vendor Risk Management – 11.2 Risk assessment for outsourcing critical processes and vendor/partner selection; 11) Vendor Risk Management – 11.3 Due diligence, oversight and management of third-party vendors/service providers/partners	India Regulation	vLatest	View →
SEBI-CSCRF	SEBI Cyber Security & Cyber Resilience Framework SEBI’s Cybersecurity and Cyber Resilience Framewor... Clause: 1.6 GV.SC: Cybersecurity Supply Chain Risk Management	India Regulation	vLatest	View →
SOC2	SOC 2 Trust Services Criteria SOC 2 is an independent examination and reporting... Clause: CC9.2 – Risk Mitigation – The entity assesses and manages risks associated with vendors and business partners. CC3.2 – Risk Assessment – COSO Principle 7: The entity identifies risks to the achievement of its objectives across the entity and analyzes risks as a basis for determining how the risks should be managed.	AICPA Audit Framework	vLatest	View →

Parent Domain Context

Governance Domain Baseline

Domain Name:

Third-Party & Supply Chain Security (TPR)

Purpose:

To manage the security and privacy risks associated with third-party vendors and partners.

Scope:

Enterprise

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Parent Control Context

Control Baseline

Control Name:

Third-Party Risk Assessment & Due Diligence (TPR-002)

Summary:

Establishes third-party due diligence including vendor risk assessment, security assessment, privacy assessment, financial assessment, risk scoring, risk acceptance, reporting, review, and continuous improvement.

Business Description:

Establish and maintain processes to perform security, privacy, operational, financial, regulatory, and business due diligence and risk assessments for third parties before engagement and throughout the relationship lifecycle.

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