Third Party Risk Management Third Party Risk Management
Third Party Risk Management

Preventing your supply chain from being the hidden risk in your business.

Reduce risk & build trust by automating the entire third party lifecycle, including onboarding, assessment, risk management, reporting, monitoring, and offboarding.

Evaluating supply chain risks against your organisations wider risk framework enables you to make informed decisions when ascertaining the threat landscape and determining control strength.

Do you know the potential business impact should your information assets or systems have their Confidentiality, Integrity or Availability compromised?

How we can help

Extending barriers and protections

Extending barriers and protections

We will help you understand who has access to systems and data and ensure your standards and controls are met.

Understanding new laws and regulations

Understanding new laws and regulations

Ensure your business is prepared and compliant in the new world.

Supply change management

Supply chain management

We work alongside your current procedures to integrate a subtle but impactful change to the way your supply chain is managed.

Risk Mitigation

Risk Mitigation

Understanding the complex web of suppliers, we can develop different approaches to treating information risk that aligns to your business.

Powered by data

Powered by data

We'll bridge the processes, assets, suppliers with your people and places and bring powerful data to better understand your suppliers.

Third Party Risk Management Benefits

Third Party Risk Management (TPRM) can help deliver the following benefits:
Align to global compliance requirements
Understanding your supply chain improves incident and breach mangement
Understand and align business data and risk
Know your business inside and out
Evidence a robust approach to your supply chain for investors, clients, auditors and regulators
Operational resilience and decisions based on criticality
Quote Quote

“2021 illustrated how one key supply chain breach can lead to wide ranging consequences. Supply chain was responsible for 62% of System Intrusion incidents this year. Unlike a Financially motivated actor, Nation-state threat actors may skip the breach and keep the access”

Verizon

“The new German supply chain act came into force, obliging German businesses to have oversight of their supply chain”

EU Regulation

In recent years there's been a significant increase in the number of cyber attacks resulting from vulnerabilities within the supply chain

DCMS 2022 Security Breaches Survey

Industry numbers

Laptop

$4.24M

Cost of data breach hits
record high
Laptop

56%

Organizations experiencing a data breach caused by one of their third parties
Laptop

+430%

Attacks via supply chains were up 430 per cent in 2021
Source: CrowdStrike

Interested to see how else we can help?

Experts in Cyber Security and
Data Privacy