Risk Ratings Platforms Deliver Critical Third-Party Risk Protection

Third-Party Risk Management Resources

Risk Ratings Platforms Deliver Critical Third-Party Risk Protection

A comprehensive survey conducted by RiskRecon, in partnership with Mastercard and Forrester Consulting, gathered insights from 507 global professionals to evaluate the impact of risk ratings on third-party risk management (TPRM). By analyzing responses to 11 key statements related to TPRM practices, organizations were segmented into TPRM leaders, intermediates, or laggards based on their level of maturity.

The findings highlighted that TPRM leaders, who actively incorporate cybersecurity risk ratings, achieve more successful and seamless programs, leading to increased confidence in their TPRM endeavors.

Take advantage of this insightful report to measure your organization against top-tier TPRM programs and explore how leveraging a risk ratings solution can enhance your strategy for mitigating cyber risks within your supply chain.

GO BEYOND SECURITY RATINGS

Protect your digital assets

You rely on your third- and fourth-party vendors to do business, but those vendors also pose risk to your enterprise’s sensitive data. RiskRecon gives you accurate, non-invasive visibility into your vendors’ security postures and then ranks vulnerabilities in order of priority so you know which issues to tackle first.

With our third-party cyber risk assessments, you’ll also be provided with custom-fitted risk action plans so you can immediately start engaging with your vendor for remediation. And if a vendor’s cyber risk degrades or an element falls out of policy, you’ll be notified instantly.