Third-Party Risk Management

Third-Party Risk Management

Structured vendor assessments, supply chain risk frameworks and ongoing supplier monitoring. Senior-led TPRM consulting for Australian organisations.

Why Third-Party Risk Matters

Your organisation's security posture is only as strong as your weakest supplier. Third-party risk management (TPRM) is the process of identifying, assessing and managing the cyber risks introduced by vendors, suppliers and partners who have access to your systems, data or operations. CyberXM helps you build a practical, scalable TPRM programme.

What You Get

  • Visibility of cyber risk across your vendor population
  • Risk-based vendor tiering and assessment prioritisation
  • Consistent, repeatable vendor assessment process
  • Evidence-based risk decisions for vendor onboarding and renewal
  • A scalable TPRM framework that grows with your organisation

How CyberXM Helps

01

Vendor Risk Assessments

Structured assessments of individual vendors against your security requirements, covering controls, practices, certifications and evidence of security maturity.

02

Vendor Tiering

Risk-based tiering of your vendor population by criticality and access level, enabling proportionate assessment effort and ongoing monitoring.

03

Inherent & Residual Risk Analysis

Assessment of inherent risk based on vendor access and data handling, and residual risk after considering the vendor's controls and your mitigations.

04

Security Questionnaires

Development and review of vendor security questionnaires tailored to your risk appetite and the nature of the vendor relationship.

05

Evidence Reviews

Review of vendor-provided evidence including certifications (ISO/IEC 27001:2022, SOC 2 attestation reports), penetration test reports, policies and audit results.

06

TPRM Framework Development

Design and implementation of a scalable TPRM programme including policy, process, tooling guidance and governance structure.

Need to strengthen your vendor risk programme?

Book a no-obligation consultation with a senior CyberXM consultant.