Third party Vendor Risk Management

Third-party Vendor Risk Management

Integrated platform to combine client’s standards and policies with external assessment across all organizations that you do business with to drive efficient and accurate understanding of risk posed by these relationships

Vendor Risk Assessment

Vendor Risk Assessment is the regulatory process of assessing third-party vendors that focuses on identifying and reducing risks related to the use of third parties, also referred to as vendors. The scope and requirements of a third-party risk management program depend on the organization and can vary widely based on industry, regulatory guidance, and other factors.

Effective assessments typically include evaluating the vendor’s financial stability, compliance with relevant laws, and security practices. Organizations must also consider the potential impact of vendor-related risks on their overall business operations and reputation. A robust risk management program not only protects the organization but also fosters stronger relationships with vendors by ensuring transparency and accountability.

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Our software enables organizations to grow their business and achieve operational efficiencies such as:

Features
Risk assessment specific for vendors
Step 2: Schedule Assessment
Schedule risk assessment by asset owner or role owner.
Step 3: Verify and Launch
Review the assesment content and data for accuracy with the option to launch the assessment

How it Works

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Step 1: Create Assessment Template
Group assets and questions into a reusable assessment template
step2
Step 2: Schedule Assessment
Schedule risk assessment by asset owner or role owner.
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Step 3: Verify and Launch
Review the assesment content and data for accuracy with the option to launch the assessment
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Insightful Assessment Reports

Generate insightful reports for business units, executives and board members to review the security profile of the organization.

Frequently Asked Questions

What is NIST CSF ( Cybersecurity Framework)
NIST Cybersecurity Framework (CSF) is a voluntary cybersecurity framework that allows companies to develop their information security, risk management and control programs. Conducting an NIST CSF audit can give you a sense of where your organization stands prior to developing and implementing more stringent cybersecurity measures and controls.
What makes SecurEnds GRC different?
We offer a feature balanced, easy to use SaaS product that makes implementing GRC program a breeze with NIST, ISO 27001, and other frameworks across organizations of all sizes. We are the only easy to use, high ROI platform that integrates security controls with assessments, campaigns and remediations in an easy to use SaaS platform. Another great thing about us SecurEnds GRC is our modular approach. Customers can add additional modules as their use cases grown.
How easy is it to get started?
Within 24 hours of you subscribing, you will be using our best of breed SaaS product. The base product comes with preconfigured business hierarchy, workflow, questionnaire tied to the NIST controls. Additional modules such as Cloud and SaaS Compliance, Third-party Vendor Risk Management are a click away.
Can I try the product before purchasing it?
We’re proud of the results our customers see with SecurEnds GRC. We offer fully functional trials of our cloud products, – IT Risk Assessment, Third-party Vendor Risk Management and Cloud and SaaS Compliance for 14 days. When your trial expires, you can continue using the product by subscribing.
What control questionnaires are available out of the box?
a. The following control sets are included in the initial subscription. NIST CSF, NIST SP 800-53r5 and r4, NIST SP 800-171r2, HIPAA, GDPR, CCPA, FFIEC, 3rd Party, CMMC and questions mapped to the PCI, ISO27K, SOC 2, control sets. b. There are also questionnaires included and updated for current threats such as Ransomware or other cyber kill chain protection strategies.
How many assessments can do I in a campaign?
A campaign can consist of many assessments. If an assessment template is created for any inventory with a customizable control set then it can be included in a campaign.
How much does it cost?
We offer a variety of pricing options for our customers and managed services providers. Our team is available for a no-pressure consultation to help you figure out the best module ( IT Risk Assessment, Third Party Vendor Management, and Cloud and SaaS compliance) for your needs.
Is SecurEnds GRC customizable?
SecurEnds GRC has become CISO’s choice of GRC, owing to high ROI and low TCO. Many of our most enthusiastic supporters came to High Bond after fighting with or ignoring an expensive, bespoke GRC environment because it didn’t deliver the value they hoped for
Do you support SSO?
Yes! our customers login using with O365 or Gmail.
Is SecurEnds GRC secure?
SecurEnds GRC uses enterprise-grade security at every layer to ensure that customer information, data and files stay safe. We use Amazon Web Services (AWS) to host our SaaS offering globally.
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