Third-party vendors play a critical role in the BFSI ecosystem, but they also introduce significant cybersecurity and compliance risks. Financial institutions today face growing challenges in maintaining visibility over their vendor ecosystem, managing fourth-party dependencies, and ensuring continuous monitoring of vendor security posture.

In this webinar, Surendra Pal Singh, InfoSec and Compliance Leader, will explore the most pressing third-party risk management (TPRM) challenges in BFSI. From limited visibility into vendor networks and over-reliance on certifications to regulatory liability under frameworks such as RBI, SEBI, IRDAI, and DPDP, the session will unpack the gaps that often leave institutions exposed.

The discussion will also cover concentration risks in cloud and payment infrastructure, ineffective contractual safeguards, and the limitations of manual, spreadsheet-based vendor risk tracking. Participants will gain practical insights into how financial institutions can strengthen vendor oversight, improve risk classification, and move toward more scalable and resilient third-party risk management practices.