As digital ecosystems evolve, the complexity of managing third-party cyber risks has expanded significantly. Traditional vendor risk assessments are insufficient for safeguarding against threats, necessitating a dynamic, proactive approach to third-party risk management. The problem becomes exacerbated when organisations have hundreds or even thousands of third parties to manage. This leads to resource limitations and makes it difficult to thoroughly investigate every party , creating a vulnerability gap. This vulnerability gap requires combination of modern approaches such as “TPRM Program Automation”; Data Collection Engine from threat intelligence providers”, “Leveraging exchange of pre-completed assessments”, and most importantly “leveraging AI”