IT Risk & Control Assurance
Third-Party Risk
Third-party and vendor cyber risk management: program design, risk-tiering, assessment and ongoing oversight of critical suppliers.
The problem
Vendors and service providers often hold sensitive data or critical access, yet oversight is frequently a questionnaire at onboarding and little afterward.
How Techem helps
Techem Group designs or improves the third-party risk program: tiering vendors by risk, setting proportionate assessment and contractual requirements, and establishing ongoing oversight and reporting.
What you get
A risk-tiered vendor inventory, a proportionate assessment process, clear ownership, and reporting on concentration and critical-supplier risk.
Common symptoms
- No complete inventory of vendors with access to data or systems.
- The same questionnaire for every vendor, regardless of risk.
- Issues found at onboarding that are never followed up.
- Limited visibility into concentration on critical suppliers.
How the engagement works
- Inventory third parties and tier them by data, access, and business criticality.
- Define proportionate due diligence, contractual, and monitoring requirements.
- Assess critical vendors and establish issue management.
- Integrate third-party risk into enterprise risk reporting.
What you receive
- Third-party risk framework and tiering model.
- Assessment approach and templates scaled to risk.
- Critical vendor risk summary for leadership.
Related services and industries
Request a Cyber Risk Briefing
A 30-minute, no-cost conversation to discuss your most pressing cyber-risk or governance question.
Request a Cyber Risk Briefing