Third-Party Risk Management

Streamline and Simplify Your Third-Party Risk Management Program
 

Third-party risk management (TPRM) is a top concern for businesses today. As technology, threats and regulatory frameworks continue to evolve and expand, organizations must put solutions in place to avoid exposure and effectively manage third-party risk. But assessing the security of so many vendors and partners can quickly escalate costs and create an extraordinary burden on IT.

Optiv is a premier partner for organizations seeking to develop and implement an effective third-party risk management program. With a broad range of enterprise risk management services and solutions, we help organizations streamline assessment activity, manage the third-party risk management lifecycle, simplify remediation activities and free IT staff to focus on other, more strategic projects.

Third-Party Risk Management with Optiv
 

Optiv is a market leading provider of end-to-end cyber security solutions that help organizations plan, build and run more successful security programs.

Our third-party risk management program provides comprehensive services for managing vendors and associated risks. From program development, discovery and categorization of partnerships to conducting and managing a third-party risk assessment, we help to streamline and simplify vendor risk management activities while reducing exposure to risk. For organizations with a limited staff, constrained budgets and a large vendor ecosystem, our third-party risk management solutions provide the tools and expertise to plan and run an optimal risk management program.

Optiv's Third-Party Risk Management Solutions
 

Our third-party risk management solutions include:

  • Third-party risk program assessment. Our team helps to assess your existing programs to identify gaps and risk, providing reports on the maturity level of current programs as well as recommendations for improvement.
  • Program development. We assist in building or optimizing third-party risk management programs, delivering policy, tools and scoring methodologies that enable organizations to conduct assessments with greater flexibility and scalability.
  • Discovery and categorization. We help to identify and categorize all third-party relationships and to focus attention on vendors that pose the greatest risk.
  • Risk assessment. We offer a variety of assessment options, from remote questionnaire-based assessments to on-site, in-depth interviews. Each assessment helps to determine if a third-party relationship meets your security requirements and industry standards.
  • Third-party managed services. Our managed services for third-party risk management are built on Optiv Evantix, a fully customizable platform that promotes focus, scalability, governance and monitoring of supplier risk management. Through Evantix, our team specializes in collecting, maintaining and scoring third-party risk, improving compliance while lowering the cost of third-party risk management.

Learn more about third-party risk management and Optiv.