Protect Your Business with Omnistruct’s Third-Party Risk Management

Third-party vendors can be a hidden cybersecurity threat. At Omnistruct, we provide a comprehensive third-party risk management framework designed to protect your business, ensure TPRM compliance, and reduce your exposure to cyber risks and regulatory penalties. Our team helps you implement risk and compliance audits, manage vendor risks efficiently, and build a proactive cyber risk management strategy aligned with your business goals.

Do you need enhanced third-party vendor risk management?

The Challenge of Third-Party Risk

Recent studies have highlighted the growing threat posed by third-party vendors:

  • Forrester Research: 55% of organizations experienced an incident or breach involving third parties in the past year.

  • KPMG: 73% of companies have faced major disruptions due to third-party risks since 2021.

  • High-profile breaches at companies like Target, Equifax, and SolarWinds demonstrate the severe impact of inadequate third-party risk management.

Why Third-Party Risk Management Matters:

  • Boardroom Priority: By 2026, 70% of boards will have information security experts driving strategic decisions.

  • Regulatory Surge: A 2,850% increase in state legislation since 2018 mandates stronger cybersecurity measures.

  • Revenue Protection: 60% of organizations will prioritize cybersecurity risk in third-party transactions by 2025.

Omnistruct’s Comprehensive TPRM Solution

Our Third-Party Risk Management (TPRM) service simplifies vendor management and ensures continual compliance by incorporating a robust PRM risk management framework, security risk management processes, and risk and compliance audits—allowing you to focus on your core business without the stress of cyber risk management or the complexity of third-party cybersecurity audits.

Our TPRM service simplifies vendor management and ensures continual compliance, enabling you to focus on your core business without the stress of cybersecurity risks.

What We Offer:

  • Transparent GRC Platform Setup: Implement a fully managed Governance, Risk, and Compliance (GRC) platform for enhanced visibility and efficient vendor management.

  • Questionnaire Management: Customize or create vendor questionnaires tailored to your security requirements.

  • Policy Alignment: Ensure your vendors comply with your security policies or make necessary adjustments.

  • Vendor Classifications: Define and enforce compliance obligations to manage risk effectively.

  • Risk Data Decision Making: Focus on the most critical data at risk to prioritize vendor management efforts.

  • Vendor Contact Aggregation: Streamline communication by organizing vendor contact information.

  • Maturity Maintenance: Continuously elevate and maintain vendor security standards to align with your supply chain criteria.

How Omnistruct Ensures Success

Program Kickoff

Align your team with compliance requirements for a successful vendor management strategy.

Vendor Research

Vet policies, assess risks, review questionnaires, and recommend revisions.

Vendor Outreach

Manage outbound campaigns to assess and improve vendor risk levels.

Risk Categorization

Classify vendors transparently for informed decision-making.

Continual Compliance

Maintain ongoing compliance through repeated actions within the GRC Platform.

Why Choose Omnistruct?

Omnistruct is dedicated to helping organizations build robust cybersecurity practices. We don’t just provide tools; we offer expertise to help you understand your risk exposure through cyber risk management and effectively transfer risk with tailored risk mitigation services. With Omnistruct’ s Third-Party Risk Management (TPRM) service, supported by our third-party risk management framework and risk and compliance audits, you can ensure your vendors meet regulatory requirements, enhance your security risk management posture, and protect your organization from potential threats through continuous third-party cybersecurity audits and TPRM compliance.

Schedule Your Assessment Today

Ready to secure your business from third-party risks?

Schedule a time with our representatives to assess your true needs and
discover how Omnistruct’s Third-Party Risk Management can protect your organization.

*Stay secure with Omnistruct – Your trusted partner in Third-Party Risk Management.*