Third Party Risk Management
Outsource your organisation’s supplier risk management. Stay confident that your suppliers aren’t harming your organisation’s security risk profile.
The challenge
Suppliers can raise cybersecurity risk to your business
Malicious attacks on suppliers (considered less secure) have become a popular method by criminals to penetrate and compromise systems to gain unauthorised access to the ultimate target, your business data.
Managing supplier risk is now a regulatory requirement
EU regulations such as the Digital Operations Resilience Act (DORA) and the Network and Information Systems Directive (NIS2) include requirements for effective 3rd party risk management. This is to ensure that an organisation’s suppliers have incorporated good security management and meet with data privacy regulations such as GDPR.
Ongoing 3rd party risk management is key
Employing a robust Third-Party Risk Management (TPRM) process can help mitigate risk for your organisation.
The service
The use of well prepared supplier questionnaires or dedicated Third Party Risk Management (TPRM) applications is one part of a good process, however evaluation of the responses by trained security specialists is the key to having a reliable and accurate risk profile of your suppliers, particularly for the critical ones.
BH Consulting may provide:
- A gap analysis of your current TPRM process
- Provide appropriate and effective supplier questionnaire templates based on vendor criticality
- Provide advice on TPRM applications on the market and which may suit a client’s requirements (BH Consulting are independent of any vendors)
Continuous assessments
- Completed questionnaires for inadequate responses and insufficient detail, seeking further verification or supporting evidence from suppliers where required
- Checking claimed security qualifications for the scope of applicability and checking certifications are current
- Speeding up the TPRM process by engaging with suppliers to clarify security or privacy related questions to ensure the correct information is submitted
Benefits
Help meet regulatory requirements by operating a robust TPRM process
Reduce the risk of a malicious supply chain attack on your organisation
Free up internal resources from tasks which aren’t amongst their core skills
Testimonials
“We engaged the services of BH Consulting in September to act as our DPO. Our DPO Annemarie, understands the way in which we work and has completely adapted her approach to suit our needs. I couldn’t recommend Annemarie and the team at BH consulting highly enough.”
“The expertise BH Consulting provided to ensure we have a robust GDPR compliance framework in place was great. We would have no hesitation recommending BH Consulting to others in a similar position.”
“Make-A-Wish Ireland has been working with BH Consulting for three years and have found them to be incredibly supportive. The support we have been given is practical, logical, and most importantly calming. We would highly recommend any company to work with BH Consulting.”
“BH Consulting have been our CISO since February 2019 and we have found their expertise to be extremely beneficial. We really like the fact that they are independent and not tied to any vendors or solutions.”
“BH Consulting provide a reliable and valuable service to our organisation. Their expertise and continued guidance has been a great support to us since the introduction of GDPR.”
Why get in touch with BH Consulting
BH Consulting is a trusted, independent cybersecurity and data protection consultancy with over 20 years of experience. Whether you need expert guidance on compliance, risk management, or security strategy, our team delivers practical, vendor-neutral advice tailored to your needs.
- Trusted by global brands and public sector bodies
- ISO 27001-certified team with deep domain expertise
- Proven track record in delivering real-world solutions
- Flexible services: CISO/DPO as-a-Service, audits, training & more
Let’s start a conversation about securing your business.
