Vendor Risk Assessment & Third Party Risk Management Services

Third Party Risk Management Services

Trusted Third Party Risk Management And Vendor Assessment

Our managed third party risk services provide comprehensive, automated assessments of third parties to ensure compliance, mitigate cyber risks, and enable responsible oversight. Partner with us for a customized third-party risk management program that reduces compliance burdens and provides assurance that your vendors meet standards for security, privacy, and more.

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Information hub
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Information Hub

Beaconer collaborates with vendors to populate and maintain our information hub.

Customer Request Assessment
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Customer requests assessment

Customer can seamlessly trigger third party risk management services utilizing our convenient customer-requested pre-assessment functionality.

AI Assessment
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Beaconer conducts the vendor risk assessment

Beaconer AI retrieves requests and gathers relevant details from the information hub, ensuring comprehensive third party risk management services and prompt completion of vendor risk assessment.

CISSP Assessment
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Assessment review-perfection achieved!

Our CISSP certified assessors rigorously scrutinize each third party risk assessment round, guaranteeing unrivaled quality and accuracy.

Customer dashboard
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Customer dashboard receives report

Managing third party risk becomes easy by tracking your vendor risk assessment progress and remediation activities effortlessly in your personalized dashboard. Stay in control as our system provides you with real-time updates and comprehensive visibility for all your third party risk management services.

Extended Support & monitoring
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Extended support & monitoring

We provide extensive support of third party risk management services throughout the remediation phase, ensuring your success every step of the way.

Our customized third party risk management services takes managing third party risk to new heights. We surpass reliance on existing reports with individual assessments for every request.

Third party risk assessment

Beaconer's platform streamlines vendor risk assessment for faster risk reduction and compliance, combining automated assessments and continuous monitoring.

Customized Managed Services

Realtime updated information hub

Access a real-time updated information hub, providing the latest and most relevant data at your fingertips. Stay informed and make informed decisions with ease.

Realtime updated information hub

Customized third party risk management services for your scope

Receive tailored assessments specifically designed to match your unique scope and requirements. We customize our approach to ensure accuracy and relevance.

Customized assessments

Ongoing vendor posture monitoring

Benefit from continuous risk monitoring of vendor posture, ensuring you stay informed about their security status and performance in real-time.

Ongoing vendor posture monitoring
Customized Managed Services
Realtime updated information hub
Customized assessments
Ongoing vendor posture monitoring

Benefits of Third Party Risk Management Services

  • Beaconer can handle the complexities of vendor risk management, so you can focus on your core business objectives and achieve sustainable growth.
  • Our expert team and cutting-edge technology can help you maximize efficiency, strengthen vendor relationships, and safeguard your business reputation.
  • Our comprehensive third party risk management services can help you experience enhanced risk mitigation, streamlined processes, and improved compliance.
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Exceptional customer experiences - that's what we strive for..

Beaconer's exceptional support enabled us to establish our Third-Party Risk Management (TPRM) program seamlessly from scratch. Their comprehensive managed services seamlessly handled every aspect of our TPRM needs, demonstrating a deep commitment to understanding our specific requirements and continuously seeking opportunities for improvement

Vinay Kumar
CEO of Sudoviz

Beaconer provided us with exceptional service in third-party risk management. Their advanced tools and machine learning platform has helped us streamline our assessment process and reduce costs, while also improving our results.

Parth Jaghir
Parth Jaghir
Chief Operating Officer

FAQs

Technology risk management is crucial to safeguard sensitive data, ensure operational continuity, and comply with regulations. It helps identify vulnerabilities, reduce the likelihood of cyberattacks, and mitigate financial losses.

Technologies such as cloud computing, IoT devices, AI, and third-party software can pose risks.

Risk assessments should be conducted at least annually or whenever there are significant changes in technology, such as system upgrades or new software implementations.

Third-party reliance introduces additional risks, as vendors may have access to sensitive systems and data. Weak security practices, data breaches, or non-compliance by third parties can compromise an organization’s security.

Poor risk management can result in data breaches, financial losses, legal penalties, and reputational damage. It can disrupt operations, hinder compliance with regulations, and expose organizations to cyberattacks. Long-term, it undermines stakeholder trust and negatively impacts business performance, potentially leading to bankruptcy or market share loss.

risk

Don't let vendor risks threaten your business.
Take charge with Beaconer's cutting-edge third-party risk management solutions and see the change.

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