12. Third Parties Manager

The CSFaaS Third Party Manager is a comprehensive solution designed to help your organisation effectively manage the cybersecurity risks associated with third-party vendors and partners. This tool enables you to easily document, assess, and monitor the security posture of all external entities that interact with your organisation.

Key Features

Detailed Third-Party Profiles

Create comprehensive profiles for each vendor or partner, including information on their security practices, risk ratings, compliance status, and contractual obligations.

System Association Mapping

Directly identify and document which internal systems are involved in each third-party relationship, providing clear insights into potential impact areas.

Risk Assessment and Monitoring

Conduct thorough security assessments and continuously monitor each third party's risk level to ensure they meet your cybersecurity standards.

Follow-Up Actions

Set and track follow-up tasks to address identified risks or compliance gaps, promoting accountability and timely remediation.

Compliance Oversight

Maintain oversight of each third party's compliance with industry regulations and standards, reducing the risk of non-compliance penalties.

Centralised Management

Manage all third-party relationships from a single, intuitive platform, enhancing efficiency and visibility across your organisation.

By leveraging the Third Party Manager, your organisation remains vigilant regarding third-party relationships, proactively reducing potential risks from supply chain vulnerabilities. The ability to directly associate third parties with specific internal systems enhances risk visibility and management. This not only strengthens overall resilience but also ensures alignment with your cybersecurity goals and compliance obligations.