SureCloud’s Third Party Risk Management software automates the third-party risk management process and allows you to integrate with broader IT risk management processes and even your data privacy program.
SureCloud’s third-party risk management solution helps you create a centralized register of your third parties, then build and automatically send out assessments.
SureCloud’s Third Party Risk Management software dynamically generates and assigned the right questions to each third parties based on their services provided, helping your respondents to avoid assessment fatigue and significantly increasing response quality.
SureCloud’s flexible dashboards and reporting framework provide oversight, giving you a holistic view of your organization’s third-party risk, meaning you can effectively prioritize and assign effectively.
Organizations can now integrate BitSight security ratings into SureCloud vendor profiles and assessments to ensure the correct questions are automatically selected and sent to your vendors. The benefit of incorporating BitSight’s security rating into SureCloud’s Third-Party Risk Management solution includes removing subjective vendor prioritization, speeding up your entire vendor assessment process, and improved automation leading to greater decision making, all within a single portal.
Automated data aggregation across the entire program allows you to view user-defined risk metrics, charts and tabular reports or any user-defined groupings.
Select from preconfigured best practice charts and tables or create new ones in MS Word or Excel using Microsoft Office add-ins. Dashboards allow a single view to monitor risk or assess program effectiveness.
Automated task allocation is embedded within each assessment, including reminders sent to those designated for updates on overdue activities.
Create self-assessment questionnaires using pre-defined question templates and make them instantly available to third parties.
Via the Cloud-based SureCloud Platform, track upcoming, in progress, completed, and overdue assessments in real-time.
Ensure that your network of partners or third parties don’t undermine the level of security you apply internally SureCloud’s third party risk management solution allows you to integrate with broader IT risk management processes and even your data privacy program including GDPR.
of revenue is represented by third parties
pounds average loss for large enterprises in a third-party breach
of organizations who experience a breach lose customers
“SureCloud’s real-time dashboard provides an instant view of where we are with data compliance. The responses given by our partners will determine which suppliers we should focus more on. And with a few clicks, we can produce reports such as our 10 most high risk suppliers.”Chris McAteer, Director of Compliance and Operational Risk, Shop Direct Group
"Excellent support and service. Having been a user of SureCloud for many years we are continuing our journey developing our GRC Suite. SureCloud has been able to meet our expectations and road map."Head of Third Party Oversight in the Security Industry
"To address GDPR, organizations should avoid manual processes encumbered by documents, spreadsheets, and emails. They should look to implement a solution that can manage the range and context of GDPR requirements and processes to manage compliance consistently and continuously in the context of distributed and dynamic business."Michael Rasmussen, GRC Pundit, GRC 20/20