Vendor risk management should be
a core competency of any IT Security Program.
A comprehensive third-party risk management program is focused on uncovering potentially risky supplier and vendor relationships that can have an impact on an organization's ability to meet its goals and responsibilities. Our program is based on the Shared Assessment Framework and keys in on visibility, situational awareness, and risk mitigation or avoidance.
Third-Party Risk Program Development & Implementation
For organizations that are concerned about the risk associated with their third-party ecosystem but not sure where to start, EIP Networks has experienced practitioners and IT Security Leaders to help formulate and drive the implementation and development of an effective and efficient Third-Party Risk Program.
Identify Vendor Risk with Assessments and Evaluations
Our Certified Third-Party Analysts will supplement workload requirements by performing deep, rich comprehensive assessments and risk evaluations on third parties as necessary. Working within our customers' structure or framework, EIP Networks can help close the gaps in vendor assessment needs.
Monitoring and Reporting to Mitigate and Avoid Risk
Building a TPRM program and being able to share the findings with the key business owners in the organization is paramount. Our Analysts and Risk Directors will not only monitor your critical parties, but hold risk meetings to discuss Situational Risk Posture, Key findings, and Critical vendor trends. No more third-party surprises.
Questionnaires and Remediation of Third-Party Findings
A challenging component of any TPRM program is the outreach and coordination of third-party management to close open questionnaires and address areas of remediation. We specialize in tracking the completion of questionnaires, working with third parties to address remediation and track results and closed issues.
Managed Third Party Programs
We recognize that every company's needs for a Third-Party Risk Management (TPRM) program may vary. Thus, we've developed tailored Packages to streamline the process. Each of our packages offers a comprehensive solution, reflecting our commitment to treating your program with the same care and attention as if it were our own.
Kickoff Package New
- 50 Companies Monitored
- 10 Assessments
- One Risk Meetings/Month
- Dedicated Risk Dashboard
- Attestation storage
- Program Planning for maturity
TPRM - Essentials
- 100 Companies Monitored
- 25 Assessments
- Two Risk Meetings/Month
- Business Unit Integration
- Third-Party Categorization
- Onboarding and Benchmarking
TPRM - Complete
- up to 500 Companies
- up to 100 Assessments
- Dedicated Risk Team
- Full Integration
- Third Party Remediation
- On-site Assessments
TPRM - Custom
- Custom Vendor Quantities
- Custom Qty Assessments
- Custom SoW and Scoping
- Full Business Units Integration
- Full Support - Risk Guidance
- Exisiting TPRM Support
TPRM - Complete
- up to 500 Companies
- up to 100 Assessments
- Dedicated Risk Team
- Full Integration
- Third Party Remediation
- On-site Assessments
TPRM - Custom
- Custom Vendor Quantities
- Custom Qty Assessments
- Custom SoW and Scoping
- Full Business Units Integration
- Full Support - Risk Guidance
- Exisiting TPRM Support
