You have hundreds – maybe thousands – of third party suppliers, and some of them have custody of your sensitive data. Some may even have access to your network. For those suppliers, their security weaknesses are your weaknesses. Do you know how they are protecting YOUR data?
Supplier Risk Manager is a Third Party Risk Management and Assessment “Software as a Service” (SaaS). It simplifies and automates many of the tasks associated with the Third Party risk management and assessment process, including evidence collection, evidence risk analysis, email notifications, and scheduling. Supplier Risk Manager offers security, compliance, and risk management professionals a platform to manage and automate the Third party risk assessment process.
Supplier Risk Manager enables organisations to evaluate suppliers based on supplier tiers determined by their importance or potential risk to the organisation.
Supplier Risk Manager also includes the creation of standard tier structure for the organisation, a standardised assessment workflow, Shared Assessment content, evidence collection, risk scoring, and reporting.