Third-Party Risk Management Services

Building Effective Third-Party Risk Management Programs

Third party risk management (TPRM) is a critical aspect of overall risk management that involves analyzing and controlling risks associated with outsourcing or working with third parties, including vendors, suppliers, contractors, or service providers. Your organization should understand any relevant risks and vulnerabilities their organization is exposed to through any partnerships. A third-party risk management program outlines the policies and processes around these risks. CISOSHARE provides everything your organization needs to build, implement and execute this program.

Enjoy our unique approach to efficiently and effectively assessing third-party risk relative to multiple frameworks

Third-Party Risk Assessment Services

Assess third parties relevant to your organization. If your organization lacks formalized processes or the resources to conduct these assessments, our team has everything you need.

Assess existing processes or build them with regard to your resources and the risk management tools. 

Identify the scope of your assessments and prioritize which third parties need assessments. Build your database with internal stakeholders and vendor contacts. 

Initiative, manage, and perform relevant risk assessments with a technology-driven approach. 

Monitor risk metrics defined by management, organizational objectives, as well as compliance and regulatory requirements. 

Third-Party Risk Response Services

Need to respond to customer or partner risk assessments? CISOSHARE provides a complete team alongside technology to respond efficiently to these requests.

Review and identify gaps in the response processes and documentation already in place. 

Update or build out response processes for risk assessments. Our team defines inputs, key stakeholders, approval processes, and artifact collection with support and appropriate documentation. 

Access additional security advisory, architecture, and analyst support to scale with new security capabilities and ongoing assessments. 

Our team gathers and reports on known risks, gaps, external remediation timelines, and works with your team to escalate internal remediation tasks as needed. 

Integrating People, Processes, and Technology

Learn how to make your third party assessments more efficient.

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Benefits

Our security experts are ready to work with you along every step of the way.

We provide adequately skilled resources, processes designed with our proven methodology, and access to an adaptable technology.

Our team integrates with your overall security program and risk management processes with a focus on efficiency and continuous progress.

We ensure processes align to your business objectives, appropriate frameworks, and regulatory requirements.

Get an in-depth guide to third party risk management.

Benefits

Maintain visibility and effectively manage your relationship with your organization’s third-parties.