Description

If you are a Risk Officer or Compliance Lead at a financial institution under Indian regulatory oversight, this playbook was built for you.

Operating in the BFSI sector means navigating a complex and evolving regulatory environment. You are accountable for ensuring that third-party relationships do not introduce unacceptable cyber risk into your operations, while simultaneously meeting prescriptive expectations from regulators such as the Reserve Bank of India and the Securities and Exchange Board of India. These mandates require documented due diligence, continuous monitoring, and demonstrable alignment with cybersecurity frameworks like ISO 27001. The pressure to produce auditable evidence, on demand, during supervisory reviews is constant, and gaps in vendor risk controls can lead to enforcement actions, reputational damage, and operational disruption.

Traditional alternatives to building a compliant third-party risk management (TPRM) program are costly and time-intensive. Engaging a Big-4 advisory firm to design and implement a framework-aligned TPRM process typically costs between EUR 80,000 and EUR 250,000. Alternatively, developing the program internally requires dedicating 2 to 3 full-time compliance or risk professionals for 4 to 6 months, pulling them from other critical initiatives. This comprehensive TPRM Implementation Playbook delivers the same structural rigor and regulatory alignment at a fraction of the cost, just $395.

What you get

Phase	File Type	Description	Count
Due Diligence	Third-Party Cyber Risk Assessment Workbooks	Structured 30-question assessments per domain, designed to evaluate high-risk vendors across technical, operational, and compliance dimensions	7
Evidence Collection	Evidence Collection Runbook	Step-by-step guide defining what evidence to request, from whom, and how to validate it for each assessment question	1
Audit Preparation	Audit Prep Playbook	Checklist-driven process to compile, organize, and present TPRM artifacts for internal or external audits	1
Program Governance	RACI Matrix Template	Pre-built responsibility assignment matrix for TPRM roles across procurement, legal, IT, and compliance	1
Program Governance	Work Breakdown Structure (WBS) Template	Hierarchical task list for launching and maintaining the TPRM program, including milestones and dependencies	1
Cross-Alignment	Cross-Framework Mappings	Detailed mapping of assessment questions to controls in ISO 27001, RBI Cyber Framework for Banks, SEBI Cybersecurity Guidelines, and NIST SP 800-161	55

Domain assessments

The playbook includes seven domain-specific third-party cyber risk assessment workbooks, each containing 30 targeted questions. These domains are:

Information Security Management , Evaluates the vendor's governance structure, policies, and alignment with recognized standards such as ISO 27001.
Access Control , Assesses authentication mechanisms, privilege management, and session controls for systems handling your data.
Data Protection , Reviews encryption practices, data classification, and handling procedures for sensitive financial information.
Incident Response , Examines the vendor's ability to detect, report, and respond to cybersecurity incidents in a timely manner.
Business Continuity and Resilience , Validates the existence and testing of disaster recovery plans and service availability commitments.
Change and Configuration Management , Checks processes for managing system updates, patches, and configuration changes in production environments.
Vendor Ecosystem Oversight , Investigates how the vendor manages its own third-party dependencies and subcontractors.

What this saves you

Activity	Without this playbook	With this playbook
Develop assessment questionnaires	40, 60 hours of internal effort to draft, review, and validate	Ready-to-use 30-question workbooks per domain
Map to regulatory requirements	Manual cross-referencing across RBI, SEBI, ISO, and NIST frameworks	Pre-built mappings included for all assessment items
Prepare for audits	Reactive compilation of scattered evidence and documentation	Structured audit prep playbook with checklist and evidence trail
Assign program responsibilities	Ad hoc role definition leading to accountability gaps	Pre-filled RACI and WBS templates for clear ownership
Collect vendor evidence	Unstructured requests resulting in incomplete or irrelevant submissions	Standardized runbook specifying exact evidence types and validation steps

Who this is for

Chief Risk Officers at banks and non-banking financial companies responsible for enterprise-wide risk frameworks.
Compliance Managers in securities firms who must demonstrate adherence to SEBI's cybersecurity directives.
Information Security Leads in insurance organizations building vendor risk controls under ISO 27001 and regulatory expectations.
TPRM Program Owners tasked with launching or maturing a third-party risk function from the ground up.
Internal Audit Teams needing a benchmark to assess the maturity of existing vendor risk processes.
Legal and Procurement Officers involved in contract negotiations with technology vendors handling sensitive data.
IT Governance Professionals integrating third-party risk into broader ISMS initiatives.

Cross-framework mappings

This playbook provides explicit alignment across the following regulatory and standards frameworks:

ISO/IEC 27001:2022 , Information security management systems
RBI Cyber Security Framework for Banks , As issued by the Reserve Bank of India
SEBI Cybersecurity and Cyber Resilience Framework , For market intermediaries and regulated entities
NIST Special Publication 800-161 , Rev. 1, Cybersecurity Supply Chain Risk Management Practices

What is NOT in this product

This is not a software tool or SaaS platform. It does not include automated vendor scanning, continuous monitoring dashboards, or API integrations.
It does not provide legal advice or contract drafting services. While contract control recommendations are included, final agreements must be reviewed by legal counsel.
The assessment workbooks are not pre-loaded into a digital form. They are delivered as editable documents for integration into your existing workflows.
No consulting hours or implementation support are included. The materials are self-serve and designed for internal use.
It does not cover non-cyber risk domains such as financial stability, ESG, or operational resilience beyond IT continuity.
this playbook does not include vendor scorecards or risk rating algorithms, though the assessment results can be used to build them.

Lifetime access

You receive permanent access to all 64 files. There is no subscription fee, no recurring charge, and no requirement to log in to a portal. Once download is complete, the files are yours to use, modify, and distribute within your organization indefinitely.

About the seller

The creator has spent 25 years developing compliance frameworks for regulated industries. They have documented 692 security and risk management frameworks and built 819,000+ individual cross-framework mappings. Their materials are used by over 40,000 practitioners across 160 countries, supporting compliance in highly supervised sectors including financial services, healthcare, and critical infrastructure.