Third-Party Risk Management for MSSP and MSP

Third-Party Risk Management (TPRM) is a crucial solution for Managed Security Service Providers (MSSPs) and Managed Service Providers (MSPs) to mitigate the risks associated with external vendors, partners, and suppliers. By assessing and monitoring the security posture of third parties, TPRM ensures your clients are protected from supply chain vulnerabilities, regulatory compliance gaps, and emerging threats that can arise from external relationships.

Key Features

Third-Party Risk Assessment
Gain in-depth visibility into the security risks posed by your clients’ third-party vendors. TPRM automatically evaluates the cybersecurity measures of external partners, helping you assess the risks associated with their services, and prioritize remediation for any vulnerabilities.

Continuous Monitoring
Monitor third-party vendors and their associated risks in real-time. With ongoing surveillance, TPRM enables proactive identification of new threats, vulnerabilities, or changes in the risk profile of third-party services, helping you mitigate potential disruptions before they impact your clients.

Automated Risk Scoring & Reporting
TPRM provides automated risk scoring for third parties based on factors such as compliance posture, security measures, and past incident history. It generates detailed reports, helping you evaluate, track, and manage the risk associated with third-party relationships efficiently.

Compliance Management
Ensure that your third-party vendors are meeting the necessary regulatory compliance standards, including GDPR, HIPAA, PCI DSS, and others. TPRM automatically tracks and reports on the compliance status of external vendors, ensuring that your clients remain compliant with industry regulations.

Vendor Performance & Remediation Management
Track the performance of third-party vendors against predefined security and compliance standards. TPRM helps manage remediation efforts for vendors who do not meet the required standards, reducing risk exposure and ensuring your clients maintain a secure vendor ecosystem.

Multi-Tenant Capabilities
For MSSPs and MSPs managing multiple clients, TPRM offers multi-tenant capabilities to ensure that risk assessments, compliance monitoring, and remediation are handled separately and securely for each client. This allows for scalable risk management across your entire portfolio of clients.

What Is Cloud-Based GRC Software?

Governance, Risk, and Compliance (GRC) software is now more powerful and accessible through the cloud. By leveraging cloud technology, organizations can:

• Centralize risk management processes.
• Access real-time compliance tracking from anywhere.
• Reduce infrastructure costs.

Key benefits of our GRC solution include:

• Enhanced visibility into organizational risks.
• Streamlined workflows for compliance activities.
• Real-time reporting and analytics.

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Why Choose Third-Party Risk Management?

• Comprehensive Third-Party Risk Visibility: Get real-time visibility into the risks posed by external vendors, helping you stay ahead of potential threats.
• Automated Assessments & Reporting: Save time with automated assessments, risk scoring, and regulatory compliance tracking for all third-party vendors.
• Proactive Risk Mitigation: Identify and manage risks from third-party relationships before they impact your clients.
• Scalable & Secure: Manage multiple clients' third-party risks with ease using multi-tenant support, ensuring secure and personalized services.

Looking to manage your clients' third-party risk effectively? Contact us for a live demo and personalized consultation.

Get Started Today
Secure your clients by proactively managing the risks posed by third-party vendors with TPRM. Start your free trial today and take control of your clients' vendor security.