THIRD-PARTY RISK MANAGEMENT SERVICES

Manage Inherent Risk
from Third-Party Vendors

We help you understand and manage cyber risk as it relates to the third-party vendors in your supply chain.

THIRD-PARTY RISK MANAGEMENT SERVICES OVERVIEW

Ensure You’re Prepared for Impending Cyber Risks

Third-party vendors are an extension of your business and in turn, extend your risk—from financial, brand and supply chain risk to data breaches, unauthorized access to systems, regulatory and compliance impacts, geopolitical risks and more. Mitigating third-party risk is often challenging due to ineffective third-party vendor management programs, a lack of sustainable and repeatable processes, limited resources, shadow IT services, supply chain dependencies and how incidents are addressed if/when a breach occurs.

Our portfolio of Third-Party Risk Management (TPRM) services will help your organization:

Assess and Benchmark Your TPRM Program

Develop TPRM Processes and a Program

Extend Your Team and Operations with Security Experts

Manage TPRM Solutions to Extend Your Capability

THIRD-PARTY RISK MANAGEMENT SERVICE PORTFOLIO

End-to-End Third-Party Risk Management

Our third-party risk management services include:

  • Program Assessment: We assess and benchmark your TPRM program and define both strategic and tactical plans.
  • Program Development: Our security team builds your program by creating governance documentation that includes policy, roles and responsibilities. We develop third-party risk assessment process documentation that includes risk tiers, assessment criteria, artifact requirements and due diligence assessment activities necessary for each level of risk ranking. Additionally, we establish a monitoring process that includes documentation, reporting and tracking.
  • Program Support Services: Extend your team and operations with our consultants, who provide services leveraging our partner solutions that you have already acquired. With this service, we manage and conduct vendor assessment services within your platform and process.
  • Third-Party Risk Managed Services: With our managed services offering, we take on the heavy burden of managing your TPRM by engaging in strategic partnerships with key solution vendors, providing service extensions of our strategic partners, ensuring continuous monitoring and delivering external score improvement services.
TPRM METHODOLOGY: DISCOVER

Baseline Assessment of Your Current TPRM Program

In this phase, our consultants review your policies and procedures, contract template language, Business Associate Agreements (BAA) and other applicable documents. We interview key stakeholders from your procurement, legal, Enterprise Risk Management (ERM), information security, compliance, privacy and other teams as required.

THIRD-PARTY RISK MANAGEMENT METHODOLOGY: ASSESS

Improve Your Vendor Intake Processes

We assess, help define and mature your current third-party (vendor) intake processes. This includes a robust review of your process owners, defined risk-tiers, artifact requirements, assessment criteria and other appropriate third-party assessment activities necessary for each level of risk ranking.

THIRD-PARTY RISK MANAGEMENT METHODOLOGY: RECOMMEND

Enhance and Mature Your TPRM Program

We also provide recommendations to improve your program and suggestions for adding automation, tools and approaches for further program maturity. Our consultants provide an actionable program roadmap that includes a prioritized, strategic, multi-year plan, as well as a tactical plan for full implementation.

THIRD-PARTY RISK MANAGEMENT: MANAGED SERVICES

Extend Your Team and Operations

Our consultants can manage and conduct vendor risk assessment services within your platform and process, leveraging the solutions that you have already acquired. We have strategic partnerships with several leading TPRM solutions and the proper expertise to support and manage these tools.

Additionally, we can offer a fully-managed PaaS solution that integrates into your environment and process.

CYBERSECURITY CERTIFICATIONS

Your Elite, Highly-trained Team

More than 50% of our workforce consists of tenured cybersecurity engineers, architects and consultants. We are also highly certified across industry standards as well as hundreds of cybersecurity solutions.

Highly Trained, Highly Certified

Examples Include:

GPS Certified Cyber Guarding
CISSP
HCISSP

SANS & ISC2

GPS Certified CISM
GPS Certified CISA

ISACA

GPS Certified GCCC
Logo PCI Qualified Security Assessor
GPS Certified ISO

Global Information Assurance & Frameworks

THIRD-PARTY RISK MANAGEMENT OUTCOMES

Assess and Address Your Cyber Risk

Our Third Party Risk Assessment and Risk Management services are designed to help you build the right information security program that aligns with your organization’s risk tolerance. 

Define and Build Your TPRM Program

We will assess your TPRM program and develop strategic and tactical plans.

Extend Your Team and Resources

Our experts can manage vendor assessments and even provide a fully-managed service.  

Improve Your Program Maturity

Gain actionable recommendations to improve your program and add automation.

Your Trusted Advisor

Our team works side-by-side with you as your cybersecurity partner.

“GuidePoint Security is basically family. They’re always there when I need them. At the end of the day GuidePoint is always there to help and that’s how they add value.”

Mark Gilman

Security Manager

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