Third Parties are the biggest threat source you can have. All your internal controls will be rendered ineffective if you’ve allowed third-party access to your network.
Vendor Management is a form of risk management that focuses on identifying and reducing risks relating to the use of third parties (sometimes referred to as vendors, suppliers, partners, contractors, or service providers).
All you have now are the controls they have in place and the trust you have that they know what they’re doing. We’ll implement a program that will help you assess initially and on an ongoing basis the security of your most critical vendors.
We can assist in build out your Vendor Management program that will allow you to identify the criticality of the vendor, the due diligence required and how to monitor them on an annual basis.