For Organizations That Want Their Vendors to Demonstrate An Acceptable Security Posture
Uncover Your Third-Party Vendor Risk
If you can't see the risk, you can't manage it
When it comes to running your business, vendors not only play a significant role in your company’s success, they can also play an unexpected role in a security breach.
This is especially true for small- to medium-size businesses that have access to critical systems and data yet don’t make the cut for traditional vendor assessment programs. Limiting your audits to a fraction of your vendors thus presents far too great a risk to ignore. DatumSec can help you expand your assessment scope to include your entire vendor portfolio—including small- to medium-size businesses—and reduce your risk.
External Assessments Provide Initial Risk View
Some vendors may look good from the outside, others not so much. Still, you can't base your decision to trust your vendors' security posture based solely on an external risk assessment: both external and internal assessments are necessary. Use the external score to further define your risk management process and prioritize your vendor audits.
External assessments provide an initial view into how vendor organizations approaches their information security program from a public-facing perspective—similar to what an external adversary might see if they were to probe to uncover a vendor’s security posture to see if they might be a “ripe” target. External assessments can be used to provide the initial view of risk so additional audits, and measures, can be taken.
Internal Assessments are oftentimes initiated with a questionnaire where vendor are presented with a checklist to run through and asked to describe their security posture through a self-evaluation of their data sharing relationship, information security practices, policies and enforcement. Internal assessments provide the real view of what's happening inside the organization, well beyond the self-attested questionnaire.
Establish, Measure and Compare Risk Baselines and Scores
Small- and medium-size vendors pose the most risk to your business. It’s critical to classify each vendor’s security posture so you can first determine their risk and then assess the vendors again to validate that they have mitigated their risk.
To make this process as easy as possible, give your vendors the tools and actionable information they need to help them meet the security levels required to do business with your company. This isn't about forcing a square peg into a round hole or pounding the same assessment hammer on every vendor in the same way; it’s about proportionately mapping out a risk baseline to each vendor and then enabling them to perform their own assessments in order to meet the defined baseline.
Send them the assessment request, and they will come back to you with a score and summary report. It’s as simple as that!
Scalable, Repeatable, Data-Driven Assessments
When you know what you're looking for, it's easy to spot your third-party risk at a glance. Receive scores and reports for each vendor and see how they stack up by comparing scores and report highlights across all vendors in your portfolio. Integrated vendor attestation and automated technical assessments scale to include your small- and medium-size vendors—ensuring you generate the risk picture you need, when you need it, regardless of vendor size.
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Streamline Vendor On-Boarding and Auditing
Coordinate and communicate with your vendors as you bring them on board and re-evaluate your business relationships. With the DatumSec Vendor Assessment Program, it's just as easy to handle an ad-hoc assessment as it is to complete a regularly-scheduled assessment. Without exception, you can hold each and every one of your vendors accountable for reaching the desired risk score and meeting the required security baseline criteria set by your organization.