Step-by-Step Guide: Continuous Monitoring for Third-Party Risk

If your organization is trying to gain more visibility into third-party cyber risk, continuous monitoring can offer a clear path to better results.

Moving from a questionnaire-based approach to a program backed by continuous monitoring will take planning and finesse to pull off. This guide will fill you in on the steps you can take to incorporate continuous monitoring into your third-party risk management program.

What are the steps you should be following to enhance your third-party risk management program with continuous monitoring?

Set your policies
Map internal standards against objective data
Do a pilot
Setting expectations
Embed policies in contact language and RFPs
Use automation and tools to operationalize risk data
Shift internal resources to support vendors
Integrate third-party continuous monitoring into cyber incident response
Make incremental improvements along the way
Feed cyber data into broad vendor risk management program reporting

Download our guide now to get the full details of each of these steps!

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.