Press Release
Effectively Manage Third-Party Related Risk
Most organizations need to know their information is safe with their third-parties, as well as prove they are secure to key stakeholders (like a customer). Our team designs and executes Third Party Risk Management (TPRM) and Vendor Risk Management (VRM) programs to help organizations understand and mitigate third-party risk.
Clients who work with us have confidence their vendors and other third-parties are handling information security in a manner consistent with their own standards and can prove to current and prospective clients that their sensitive data is safe.
Our other TPRM-related services include:
- Outsourced Vendor Reviews
- Security Questionnaire Response Management
We hear you… Managing third-party risk is not easy
Over the last year, only phishing has caused more security breaches than improperly managed third-parties. Understanding vendor risk management—as well as managing risk related to other third-parties including clients, partners, and suppliers—has become crucial to running a successful business.
Don’t be another news headline!
Operating your organization without knowing your exposure to third-parties leaves your organization one disaster away from closing the doors. There is too much at stake to leave your business so vulnerable.
Have confidence you can trust your customers, vendors and partners
The results of our TPRM efforts together are simple: proof and peace-of-mind. You can rest easy knowing your organization can continue to grow and operate in a secure environment and that you can demonstrate this on demand.
There is a clear path to successfully managing your third-party risk
Why Choose Us for Third-Party Risk Management?
Our Approach
There is no need for additional information security staffing as our unique approach, with a single management system, supports both ISO 27001 and ISO 31000 frameworks. We believe a team is stronger than an individual; our soup-to-nuts, co-managed program can be up and running quickly and integrates directly with existing processes.
Our Staff
We have over 30 years of combined TPRM experience and hold all relevant certifications including Certification in Risk Management Assurance (CRMA) and Certified Third Party Risk Professional (CTPRP). Every consultant you speak to is a full-time employee. We believe that staffing our organization with full-time experts gives our clients a level of service that a one-and-done information security contractor cannot provide.
Our Process
While every business is unique, The Pivot Point Security Proven Process is successful across all industries, organization sizes and corporate cultures. Our defined set of third-party due diligence levels (based on risk tiering) allows you to accurately target and budget your TPRM needs.