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Third Party Risk Management - Consultancy, Assessment & Advisory

NormShield Cyber Risk Ratings Managed Services

Delivering cost-effective administration of your NormShield Third Party Cyber Risk Ratings

As an authorised NormShield Managed Service Provider (MSP) DVV Solutions provides a variety of managed services and consultancy services designed to help our customer optimise their Third Party Risk Management (TPRM) program using NormShield Cyber Risk Ratings.

By developing a service built around your TPRM framework and configured to your specific risk profile we deliver more effective management and utilisation of your NormShield risk data and generate recognisable value in terms of risk assurance, remediation and regulatory compliance.

Our NormShield Managed Services cover a range of Consultancy and “TPRM-as a service” propositions to support your entire Third Party risk framework, including TPRM Framework Design, Managed Service delivery of your NormShield Cyber Risk Ratings and Risk Remediation and Tracking.

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Talk to us about your challenges in adopting NormShield Cyber Risk Ratings

  • Do you need assistance to help define & build your risk assurance / risk ratings program?
  • Are you unable to scale your TPRM program or find the right skilled resources to support it?
  • Do you need support in classifying vendors into meaningful risk tiers?
  • Are you able to consume large volumes of NormShield Cyber Risk Ratings to assess your entire cyber supply chain?
  • Do you want to incorporate offline remote and onsite risk assessments into you cyber risk ratings program?
  • Are you struggling to embed all your NormShield licences and risk data into your TPRM program?
  • Do you need support to configure & filter your NormShield feeds into a manageable stream of relevant risks?
  • Are you unable to interpret your NormShield feeds & effectively report at Board level?

Third Party Risk Program & Framework Design

We build sustainable, standards-based programs of Third-Party risk assurance and regulatory compliance for clients that can integrate or be exclusively built around NormShield Cyber Risk Ratings, covering;

• Risk Appetite and Tolerances
• Supplier Selection and Categorisation
• Risk Tiering and Domains
• Risk Register
• Due Diligence Requirements
• Risk Metrics and Reporting
• Roles & Responsibilities, and
• Program Resource Requirements and Costing

NormShield Cyber Risk Ratings Managed Service (TPRM-as-a-service)

We deliver curated feeds of NormShield Third Party Risk data and alerts, managed on your behalf, incorporating:

• Management of NormShield Cyber Risk Ratings and risk alerts
• Aggregation and filtering of risk alerts
• Timely delivery and management of findings
• Regular review and reporting (e.g. KRIs & KPIs)
• Scalability to enable additional suppliers and services to be added
• Expansion into downstream supplier and 4th Party risks

Third Party Risk Remediation & Advisory

Our IT Security Assurance Consultants provide professional and practical support in the ongoing identification and management of risk and remediation within the Third-Party supply chain, including:

• Validation of risks with each Third-Party
• Management of compensating controls / remedial actions
• Administration of your Risk Register
• Advice on best-practice and regulatory requirements
• Regular review and reporting of action plans

Improve your Return on Investment in NormShield

Removing “white noise” in feeds and alerts and generating more value from existing NormShield licences

Make NormShield a more valuable part of your TPRM

Embedding NormShield Cyber Risk Ratings further within your Enterprise Risk Management framework

Greater Scalability and Efficiency of your Risk Assurance

Making internal resources more efficient and opening up resource to expand your TPRM program

 

Optimise your NormShield Third Party risk assurance program with DVV Solutions

 

With over 20 years IT GRC experience we are a specialist Cybersecurity and Third-Party Risk Management MSP delivering our TPRM managed services across Europe and EMEA.

Contact us today to find out more.

Call today 0161 476 8700

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Why choose us?


We are specialists in Third Party Risk Management with over 18 years of experience in Cyber Security and Governance, Risk & Compliance
We are a Shared Assessments program member and recognised Assessment Firm with CTPRP-certified IT Security Assurance Consultants.
We are focused on delivering a Third Party Risk Management program that secures your data supply chain and enhances your IT security posture.