THIRD-PARTY SECURITY
RISK ASSESSMENT
We help organizations with assessing and mitigating vendor-related security risks to minimize supply chain vulnerabilities and prevent potential system compromises and data breaches.
Our Services
Third-Party Security Risk Assessments
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Evaluate vendor security posture against industry standards and regulatory requirements
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Vendor Risk Management Program Development
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We help you design or strengthen a comprehensive TPRM (Third-Party Risk Management) program, complete with governance policies, processes, and workflows.
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You can outsource your TPRM to us. We will manage your program, including performing third-party risk assessments on your behalf going forward.
Regulatory Compliance Alignment
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We ensure your third-party assessments support compliance with regulations such as:
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HIPAA / HITECH – Healthcare vendor obligations
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PCI DSS – Payment security requirements
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SOX & GLBA – Financial reporting and security
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GDPR / CCPA – Data privacy laws
Cloud & SaaS Security Reviews
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Specialized assessments for cloud platforms, SaaS providers, and managed service vendors.
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Continuous Monitoring Support
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We integrate ongoing monitoring practices to help you track vendor risk beyond the initial assessment.
Third-Party Security Risk Assessments
Third-Party risk assessment is the foundation for effective Third-Party Risk Management (TPRM). ​​In today’s interconnected world, organizations rely on a wide network of vendors, suppliers, and service providers to deliver critical operations. While this creates efficiency and scalability, it also expands your attack surface. It's critical that you are safeguarding your organization against security threats and vulnerabilities introduced through third-party relationships.
Third-party vendors often have access to sensitive data, systems, or infrastructure. A single weak link—such as a noncompliant cloud provider, SaaS application, or IT services partner—can lead to data breaches, regulatory violations, financial losses, and reputational damage.
Our Third-Party Security Risk Assessments ensure your vendor ecosystem meets the same high standards of security and compliance as your own organization.
Our Approach to Third-Party Security Risk Assessments
At IRONBULL, we take a structured, risk-based approach to evaluating vendors, ensuring you understand and can manage the risks associated with your third-party relationships.
We follow a standardized process, which is highly customizable to meet your specific needs.
Vendor Identification & Classification
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Inventory all third-party relationships
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Categorize vendors by risk level (critical, high, medium, low)
Risk Assessment & Due Diligence
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Conduct questionnaire-based and evidence-driven assessments
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Assess security controls using frameworks (NIST, ISO 27001, CIS, HIPAA, PCI DSS, etc.)
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Review vendor policies, certifications, and security practices
Risk Scoring & Reporting
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Deliver clear, risk-based scoring for each vendor
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Highlight vulnerabilities, compliance gaps, and remediation needs
Remediation & Continuous Monitoring
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Provide recommendations and corrective action plans
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Establish processes for ongoing vendor risk monitoring
What you will gain from our engagement
Visibility – Gain a clear picture of risks across your vendor ecosystem
Compliance – Meet regulatory and industry requirements with documented assessments
Prioritization – Focus on vendors that pose the greatest risk to your organization
Risk Reduction – Strengthen vendor security practices and reduce potential attack vectors
Peace of Mind – Confidently work with vendors while knowing your risk exposure is managed
Get Started with a Third-Party Risk Assessment
We are here to help you improve reduce risk and enhance your security posture by managing your third-party risk. Contact us today for a free consultation.