As organizations increasingly rely on external vendors for critical products and services, they must protect their assets and operations from external risks, including unauthorized access and use. By proactively assessing third-party relationships for vulnerabilities and maintaining a comprehensive register of risks, organizations can prepare for and minimize the operational impact of external incidents.
Risk Cloud’s Third-Party Compromise Assessment Application helps organizations evaluate the impact on their organization and partners following external incidents and vulnerabilities. This Application provides a central repository of third-party relationships, details about identified vulnerabilities, and determines if mitigation or remediation is required. Automated workflows ensure third-party vendors recognize and address vulnerabilities impacting their products or services.