Discover and Assess All Parties in Your Digital Ecosystem for Third Party Risk Management (TPRM)
Third-party risk management (TPRM) is an essential part of cybersecurity for any organization. As more and more companies rely on external partners and service providers to conduct business, the risk of a cyber attack through these third parties increases. This risk exists because third parties may have a different level of security than the organization itself and may need to be more diligent in protecting sensitive assets.
ThreatNG has developed a dynamic solution that empowers organizations to quickly uncover, manage and monitor third-party risks. A solution that helps organizations fulfill due diligence, onboarding, and offboarding requirements for Third Party Risk Management (TPRM).
By simply entering a third-party's domain name entered into our platform, ThreatNG can discover and identify all parties in your digital ecosystem (i.e., your organization, third parties, Nth parties) and related technologies (Cloud resources & environments, Saas, Paas, IaaS, APIs, and more).
The ThreatNG solution platform can gather and report on an organization's public and externally available technical, strategic, operational, and financial data. With all this critical data in one place, ThreatNG users can quickly evaluate and assess all parties in a digital ecosystem for susceptibility to ethical, reputational, and cybersecurity risks.
Communication and collaboration with stakeholders are vital components of third-party risk management. ThreatNG empowers users with dynamically generated results-driven questionnaires to save time and efficiently engage stakeholders to facilitate a better third-party risk management experience through its Correlation Evidence Questionnaire (CEQ). The CEQ provides questions about impacted functional assets and pillars (Technical, Strategic, Operational, and Financial) to facilitate seamless communication and collaboration with partners in your digital ecosystem.
It is also essential for organizations to regularly review their digital ecosystems. ThreatNG allows users to monitor external partners and service providers continuously with ongoing sweeps, analysis, and reporting. At the end of a partner relationship, ThreatNG enables users to confidently offboard third parties from their entire technology footprint, digital presence, and third/Nth party ecosystem.
Contact us today to discover how we can help your organization with Third Party Risk Management.