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Third Party Risk Management (TPRM)

Complete And Accurate Picture of Your Risks From Your Suppliers and Partners

 

Why is Third Party Risk Management (TPRM) Important?

The world we live in today is more interconnected than ever before, with businesses relying heavily on third-party service providers to support their operations. While outsourcing business processes can bring significant benefits, it also introduces new risks that can impact an organisation’s security, reputation, and bottom line.

Third-party risk management (TPRM) is the process of identifying, assessing, and mitigating the risks posed by third-party service providers. It is an essential part of any organization’s security strategy, as it helps ensure that the organisation’s data, systems, and operations are protected from potential risks posed by third-party providers. It can help you comply with legal and regulatory requirements, protect your reputation, and reduce costs associated with security incidents and data breaches.

How Can AEC Help You With Third Party Risk Management (TPRM)

Looking to protect your organisation from supply chain risks? Utilising Black Kite’s Third Party Risk Intelligence platform, we can help you quickly and easily risk profile up to 10,000 suppliers or partners in a single day, and rank them by any of the cyber risk scores covering technical, financial, and compliance risks in a simple SaaS management platform. Our unique and cost-effective approach rapidly assesses the weaknesses associated with your online presence and your suppliers, identifying vulnerabilities in your supply chain simply and easily.

With our Free Risk Assessment, you can understand the level of detail we provide for technical, compliance, and financial risks. Or, to validate the platform, we can provide a full Proof of Value for up to 5 of your suppliers. This will enable you to get a full understanding of the platform and see your suppliers’ susceptibility to a ransomware attack, as well as their security, compliance, and financial risk to you in the event of a breach.

In today’s connected world, cyber attacks are increasingly common and can have devastating impacts on businesses. Don’t let your company be caught off guard – let us help you identify and address potential supply chain risks. The platform assigns scores across financial, technical, and compliance risks, making it easy for you to see which suppliers pose the most risk to you. Plus, our approach doesn’t touch your suppliers’ environment, so you don’t need their permission to get started.

Risk Management and Third Party Risk Management Services

Ransomware Assessment Service

In today’s digital era, cyber threats, especially ransomware attacks, pose significant risks to organizations. Black Kite offers a comprehensive risk assessment service powered by OSINT techniques and industry-standard scoring models. It swiftly identifies vulnerabilities such as open ports, code execution flaws, and leaked credentials, providing understandable reports within hours. These reports help organizations assess their own and their suppliers’ susceptibility to Ransomware attacks. 

Free Cyber Security and Compliance Risk Assessmnet

Get your Free Cyber, Compliance, and Financial Impact Risk Assessment for one of your suppliers or partners, or even your own organisation. Gain insights into various aspects including the overall Cyber Rating Score, compliance across 14 frameworks, potential financial impact of a breach, susceptibility to ransomware attacks, and suggestions for improving cybersecurity and compliance. Discover the benchmark in the industry, cybersecurity vulnerabilities, heat maps, and more critical technical, compliance, and financial risks. 

Third Party Risk Management (TPRM) Platform Overview

The Black Kite TPRM Platform provides comprehensive visibility into yours, suppliers’, and partners’ cyber positions using open-source intelligence. It assesses financial, technical, and compliance risks without accessing the target environment. With over 400 OSINT resources, it generates letter-grade scores and reports based on industry standards like NIST and ISO27001. Reports cover technical, financial, and compliance risks, aiding proactive mitigation. The Ransomware Susceptibility Index (RSI) detects ransomware risks early. 

Third Party Risk Managment Proof of Concept

We provide a Proof of Value for up to 5 suppliers to validate our platform, assessing their ransomware susceptibility, security, compliance, and financial risks. Steps include completing a Risk Assessment Questionnaire, defining success criteria, conducting an online Rapid Assessment, live demonstrations, and presenting supply chain overview, individual company, and remediation reports, followed by feedback. This process offers a clear understanding of the platform’s capabilities and benefits. Complete the Contact Us form and we will be in touch!

Why is Cyber Security Important?

Cyber Security is essential for ensuring the confidentiality, integrity, and availability of services, data, or IT environments. Cyber threats can cause significant damage to an organisation’s reputation, financial stability, and operational capability. Here are a few reasons why Cyber Security is important:

Confidentiality:

Cyber Security helps to ensure that sensitive data and information are kept confidential and are not accessed by unauthorised persons. Confidentiality breaches can result in a loss of trust from customers or stakeholders, legal consequences, and financial losses.

Integrity:

Cyber Security also ensures that data and information are not tampered with or altered in any way. This ensures the accuracy and reliability of data, and prevents intentional or unintentional changes that can result in negative consequences..

Availablity:

Cyber Security measures help to ensure that services, data, and IT environments are available and accessible to authorised users when needed. This ensures that there are no disruptions to business operations and customer service, which can result in financial losses and damage to the organisation’s reputation.

In summary, Cyber Security is essential for protecting an organisation’s assets, reputation, and operational capability. It ensures that confidential data remains confidential, data integrity is maintained, and services are available and accessible when needed. 

Understanding your security weakness and how to address them!

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ISO Fixed Price Investment Quotation

At AEC, we offer a clear and structured 5-step approach to ISO implementation utilising our ISO Management Platform (IMSMLoop) to ensure a smooth and efficient process for your organization across a wide range of ISO standards, and rest assured that the investment quotation we will supply for the development of the ISO management system are fixed, and there will be no additional or hidden charges regardless of the duration or complexity of your business.

ISO Benefits Review
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Client Feedback and Review

This section highlights testimonials and evaluations from our clients, showcasing how we continuously strive to enhance our services. Your feedback helps us grow and ensures we meet your needs effectively

Mr.Ali
Large DoD contractor

AEC provided a superb Online ISO9001 Auditor class. One of the most important aspects was their ability to conduct the 4-day class in a live web-based format! In these times of tight budgets this saved our company the associated travel expenses.  I highly recommend AEC!

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Farhan
Vortex CMO

We really enjoyed the 9001 course that we took through AEC and were able to take the knowledge that we gained through that course to allow us to successfully have our ISO certification renewed for another three years. Thank you for your time and assistance.

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Shumaila Junejo
ECL Construction

“MAS Solutions was hired to help us learn about the world of ISO 9001 and help us create and implement a Quality Management System from scratch.  They helped us every step of the way and because of their hard work and proficiency we obtained our ISO certification; not bad for a scrap metal company!”
 
 

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Youssef Khan
Econoluz

"Thanks so much for everything you did to help us achieve Quality Management System certification for our Islamabad office.  It’s been quite the journey and hope that we can work together when we decide to pursue certification for the other design centers and our HQ.  I am so grateful for your help, 
 
 

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The Security You Need.
The Compliance to Succeed.

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