Do you rely on third-party vendors to support your core business functions? Did you know their ability to remotely connect to your network increases the risk of security breaches? Making third-party vendor risk management by ComplyScore an important part of your risk management strategy keeps malignant forces out and your data secure.
Risk Assessment for Vendor Partnerships
At a time when 1 in 5 of all data breaches are the result of third-party incidences, identifying and tracking the risks of your vendors and third-parties is tantamount to security. For while working with third-party vendors offers substantial value, if data is leaked, stolen, or inadvertently shared it could have catastrophic effects on your organization.
ComplyScore’s third-party risk management services use a tested, risk-based approach to evaluate vendor security to ensure your business isn’t exposed to unnecessary risks.
- We identify and track all vendors that are integral to your organization and then issue a detailed report covering potential risks.
- Our questionnaire-based assessments are fully personalized and tailored to your organization’s risk specifications.
- Our skilled and experienced team of security analysts, consultants, and project managers manage over 2000 assessment annually and offer white-glove service to all your vendors.
- Our cloud-based, intuitive dashboard makes it easy to instantly view on a single screen all aspects of assessment management including questionnaire distribution, risk factors, and managing mitigation tasks.
ComplyScore’s proven methods identify how your vendors and/or third-parties use your data so you can more quickly make insightful decisions, standardize your risk identity strategy, and hold vendors accountable.
ComplyScore’s IT Vendor Risk Management Solution
ComplyScore’s Vendor Risk Assessment Solution is perfect for any enterprise level vendor governance. Its unique-to-the-industry solution is fully rules based, offers a high degree of automation, and ensures seamless collaboration across all departments.
With platform features like profile-based targeted assessments, multiple standards and frameworks support, online communications, fully audited interactions, and rich analytics, ComplyScore is able to provide you with detailed executive summaries that let you drill down into areas that require quick action. Our cloud-based dashboard:
- Streamlines vendor governance by allowing you to request new vendors.
- Automates risk assessments and delivers the information you need including legal, financial and IT data.
- Lets you easily distribute pertinent information to the right audience.
- Automates the assessment workflow.
We also deliver comprehensive insight into each vendor’s potential risk and empower your teams to collaborate and manage those risks in a streamlined and consistent manner.
If saving time, resources, and costs is what you want in 3rd party vendor risk management, make ComplyScore’s enterprise vendor risk management services an integral part of your risk management strategy today.