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Vendor Cyber Risk Assessment

In today’s interconnected digital landscape, third-party vendors and supply chain partners play a critical role in business operations—but they also introduce significant cybersecurity risks. Our comprehensive Vendor Cyber Risk Assessment services are designed to ensure that your vendor ecosystem remains secure, compliant, and resilient. 

We conduct thorough cyber risk assessments across all vendor categories to uncover vulnerabilities, evaluate risk exposure, and implement robust mitigation strategies. By leveraging industry-leading practices, advanced tools, and a risk-based approach, we help you safeguard sensitive data, ensure operational continuity, and maintain compliance with evolving regulatory standards.

Our Methodology

third party risk

Vendor Evaluation

  • Conduct regular assessments using a structured risk framework. 
  • Benchmark vendors against industry standards and internal policies. 

Access Control Management

  • Enforce strict access controls to limit vendor access to sensitive systems. 
  • Implement role-based permissions and multi-factor authentication. 

Incident Response Planning

  • Establish and maintain incident response protocols with each vendor. 
  • Ensure rapid containment, investigation, and recovery from security events

Data Protection & Compliance

  • Mandate encryption for all sensitive data exchanged with vendors
  • Ensure compliance with data protection regulations (e.g., GDPR, HIPAA)
  • Perform periodic audits and enforce corrective actions as needed

Continuous Monitoring

  • Regularly review and update risk management practices.
  • Update risk profiles dynamically based on real-time data and incident trends.

Contractual Obligations

  • Embed cybersecurity obligations within vendor contracts
  • Define clear expectations, responsibilities, and penalties for non-compliance

Cybersecurity Training

  • Deliver ongoing training programs for vendor personnel with system access. 
  • Promote awareness of security protocols and threat prevention

Reporting & Insights

third pary risk

We provide detailed, actionable reports to support informed decision-making and continuous improvement. Each report includes a Comprehensive Vendor Risk Report outlining the overall vendor risk assessment status, compliance status, and vendor ratings, along with a comparative analysis across vendors.

Additionally, Individual Vendor Reports highlight the risk score, compliance rate, vendor maturity level, and improvement plans. These reports also include a SWOT analysis and an executive summary for leadership insight.

Why IARM?

  • Deep domain knowledge in cybersecurity and expert in vendor risk management. 
  • Tailored assessments aligned with your business needs. 
  • Clear, data-driven insights to guide strategic decisions. 
  • Support for regulatory adherence across multiple frameworks. 

“You’ve secured your perimeter. But what about your vendors?”

Discover the hidden risks lurking in your supply chain

Insights

Why Do You Need Vendor Risk Management?

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Why Do You Need Vendor Risk Management?

Discover how vendor risk management protects your business from data breaches, compliance issues, and costly disruptions.

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Blogs

Top Security Checks to Conduct During Vendor Risk Assessment

Security checks are an important part of the vendor risk assessment process. They help you identify and mitigate risks that your vendors might pose to your company

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Secure Your Vendors Today

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    Resource Spotlight

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