Business Partner Assessments

Risk Defenders can assess the security controls and IT relationship with your business partners. Sharing data with your business partners or allowing access into your network may expose your organization to risk and breach. Your business may become reliant on business partners and vendors which is investable however, their channels now pose a direct risk to the security of your data. Risk Defenders will review your business partner and vendor contracts to ensure that you have the "right to audit" and that the necessary security and privacy safeguards are included. Risk Defenders will evaluate security risks from relationships with all business partners; service providers, subsidiaries, and affiliations resulting from mergers or acquisitions. Risk Defenders will design vendor risk management programs that meet your business needs and secure your assets.

Our assessments and custom delivery include:

• Development of Business Partner and Vendor security and risk questionnaires.
• Develop and complete a Standard Information Gathering (SIG) Form.
• Performing on-site and remote vendor risk assessments.
• Customizing a program that accommodates all of your business relationships.
• Defining appropriate privacy, security and compliance requirements for vendors.
• Defining processes and templates that directly support due diligence and monitoring practices.
• Presenting vendor risks to senior leadership teams.

Benefits:

• Comprehensive business partner and vendor assessment program allowing you to understanding your business partners risk profile and how to mitigate unnecessary risks introduced by the relationship.
• Gaining a greater understanding of your partner environment to properly categorize partners based on risk and to drive efficiency by consolidating where possible.
• Gives your company's board, stakeholder, employees and business partners assurances and peace of mind that your third-party vendor relationships have been evaluated for risk and and that your (their) data is safe.
• Discover risks and vulnerabilities not previously documented.
• Determine if sensitive, critical or privacy-related data that is stored, processed or transmitted via the business relationship such as Personally identifiable information (PII) or Protected Health Information (PHI) is appropriately protected with the necessary safeguards.