Third Party Governance & Due Diligence
Third Party Governance
Third party governance mitigate risks associated with outsourcing, third party vendors and service providers.
Consul Security provides risk assessment and risk management services to make sure your vendors, suppliers, outsourcing providers, service providers, and business partners do not introduce unwanted risk.
A third-party risk management framework will reduce the likelihood of cyber risk exposures. Consul security’s third-party risk management framework will help manage third-party risk across your organization with:
- A documented third-party risk assessment methodology.
- A documented third-party risk management process including risk acceptance criteria.
- Risk registers of all identified third-party risks and assessing them using your cyber risk management framework.
- An aggregate third-party risk view.
Due Diligence
Due diligence reviews identify and evaluate risks associated with working with a perticular vendor or service provider.
Consul Security provide vendor risk assessments using its own standard questionnaire, your organization’s proprietary questionnaire or custom questionnaires tailored to the services provided by the vendor or service provider in question.
Reviews of security, compliance and certification documentation is provided together with an executive summary detailing all findings.
Live vendor security assessments is also offered to build a live view of the security posture of the third party.