Third party risk management
As organizations gain efficiencies by shifting noncore functions to more experienced providers, they also open themselves up to new sources of third-party risk and vendor risk.
At BlackSwan, we take a comprehensive approach to assessing risks, collaborating with stakeholders throughout your organization to develop a customised approach tailored to your unique third-party strategy and business goals.
How we can help:
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Conduct reviews of all third-party suppliers and create risk rankings
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Ensure third parties are in line with global risk policy and risk appetite
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Risk and control management identifying and closing out remediation
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Ensuring SLA's are met and correctly monitored
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Input into Security Awareness Training
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Developing processes, policies and procedures for all stages of the vendor life cycle
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Monitoring vendor risk and performance, and review service-level agreements (SLAs), and system and organization control (SOC) reports.
