Third Party Cyber Risk Managed Service
Governisto provides a unique third-party cyber risk managed service that is purpose-built to scale quickly in response to increased workloads as well as facilitate timely data relevant decision-making aligned with existing risk program objectives throughout the vendor lifecycle.
Governisto Delivers:
Your organization will have a consistent, scalable, and compliant capability to make more informed and timely decisons about the cyber risks of third party vendors through a comprehensive vendor risk management lifecycle assessment process.
Benefits:
A process and taxonomy to facilitate timely, high-fidelity cyber risk decisions prior to contract execution.
The ability to rapidly scale third party risk capabilities as needed, including during high volume periods so that assessments and reassessments continue to meet rapidly evolving business objectives.
Reporting that integrates into broader governance and risk managment taxonomies so that organizations have access to a single, consistent source of truth across all levels of oversight.
Organizations That Will Benefit Most:
Organizations that want to have a more mature third party vendor cyber risk assessment intake, taxonomy, and output for better risk decision-making.
Organizations that want to scale their existing vendor risk capability to satisfy fast growing business or compliance requirements especially during high periods of vendor assessment and re-assessment volume.
Organizations that want to better documentation for compliance or to integrate into the organization's enterprise risk management objectives.
Who Is the Audience For Deliverables:
Cyber Risk and Operational Risk teams
Vendor management and procurement practitioners
IT auditors and regulators
Other senior IT and non-IT stakeholders of the Infosec program
The infosec team
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