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Vendor Risk Management

Do You Know Everything You Should About Your Partners?

Today’s business climate is complex. The cloud, Software-as-a-Service (SaaS), mobility, outsourcing and third-party service providers have increased efficiencies, conveniences and profits. These same advancements have introduced new cybersecurity risks and challenges that organizations must manage. Whether you’re required to assess the risk of your third parties, or buried in vendor risk questionnaires, our Vendor Risk Management is the solution.

Organizations often struggle to navigate conflicting policies, standards, procedures and other documentation, leading to confusion, extra work and lost time and money. Our organized and structured approach to policy implementation provides clarity to all involved and helps minimize the risk of a security incident.

Our Vendor Risk Management solution includes:

A convenient online portal to manage all vendor risk activities

 A customized process for managing new and existing vendor risk

 Identification of third-party vendors and creation of a vendor inventory

 Comprehensive vendor risk assessments with actionable risk mitigation plans

 Compliance with all necessary regulatory requirements

Easy to Conduct, Easy to Understand Vendor Risk Management Solution

One of the biggest challenges organizations face is that they simply don’t have the experience and bandwidth to carry out vendor risk assessments on their own. On top of that, those that try often don’t have the ability to analyze their findings and make optimal decisions. We put an end to the uncertainty that comes with working with your vendors by ensuring you get:

  • A prioritized list of vendors based on risk
  • Clear, communicable, scalable and measurable processes for vendor risk
  • A convenient online portal that organizes vendors, risk scoring and activities

Why Choose
GreyCastle Security?

At GreyCastle Security, we succeed when you succeed.

From our unique industry expertise to specialized processes to effective and trusted toolsets, we are your full-service Vendor Risk Management solution. Contact us to get started.

Let’s Discuss Your Cybersecurity Needs

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