Talanos Third Party Risk Management is a managed service that helps organizations identify, assess, and continuously monitor risks across their supplier base. The service provides supplier discovery and classification to create a centralized inventory, assess criticality, and tier suppliers by risk level. The platform conducts structured due diligence assessments across cybersecurity, compliance, HR, and financial domains. Assessments review policies, controls, and behaviors rather than relying solely on checkbox questionnaires. High-risk suppliers are reassessed annually while others are evaluated bi-annually, with material risk changes triggering alerts and remediation workflows. The service translates technical control deficiencies into business-level risks to support stakeholder decision-making. It enables risk ownership across departments including procurement, legal, HR, compliance, and operations rather than limiting responsibility to IT teams. Optional enhanced risk validation capabilities include dark web monitoring and application access reviews to validate supplier claims and identify hidden risks. The service supports compliance with frameworks including Cyber Assessment Framework (CAF), DORA, and ISO standards. Talanos handles supplier communications, assessments, and reporting while enabling business risk owners to manage supplier relationships with appropriate visibility and context. The service can be delivered through the Risk Ledger platform or integrated with existing customer platforms.