Third Party Risk Score
Free Third Party Risk Score calculator with clear step-by-step results.
About Third Party Risk Score
Vendor risk balances their security posture against the access you grant.
Formula
Formula
Score = weighted security, access and remediation
Worked example
With the default values below, Third Party Risk Score returns Third-Party Risk Score of 4.9. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Security score (0-100)accepts 0–100
- 70
- Data access level (0-10)accepts 0–10
- 6
- Remediation progress (%)accepts 0–100
- 50
Results
- Third-Party Risk Score
- 4.9
- Risk Band
- Medium
- Recommendation
- Monitor quarterly
Step by step
- 1Values used
- 2Formula
- 3Third-Party Risk Score= 4.9
- 4Risk Band= Medium
- 5Recommendation= Monitor quarterly
Assumptions and limits
- The result is derived only from the 3 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax, fees or charges or compounding frequency into account.
- Figures are rounded for display to 1 decimal place, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Frequently Asked Questions
How does this calculator work?
Vendor risk balances their security posture against the access you grant.
Why does this matter?
Score vendors relative to your own risk policy.