ISO 27001: Third-Party Risk Application

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What Is ISO 27001?

ISO 27001 is a common information security standard used by organizations to protect information by adopting an information Security Management System. Organizations often adopt this standard to assess the maturity of their own program as well as their vendor's programs.

ISO 27001 Compliance on Risk Cloud

Risk Cloud™ is a cloud-based platform with a suite of pre-built Applications that transforms the way you manage GRC processes by combining expert-level content and service with easy, no-code technology.

Risk Cloud's TPRM: ISO 27001 Application is pre-built with a questionnaire aligned with ISO 27001's Annex A Information Security Requirements framework and is 100% customizable to fit your unique vendor needs. In alignment with the ISO/IEC 2700 family of standards, this Application is built to ensure your proprietary data, employee details, intellectual property and financial information are secure when working with vendors across your organization.

Quickly Implement Your Third-Party Risk Program

Quickly Implement Your Third-Party Risk Program

  • Accelerate your ability to identify, assess and remediate third-party vendors with the pre-built template
  • Control your third-party management program without the need for increased tech support or a consultant
  • Automate tasks like inherent risk scoring and vendor email notifications to scale your vendor intake processes
  • Identify relationships across all risk programs by linking your third-party risk program in one holistic platform

Establish Best Practices With Vendors

  • Vet and perform due diligence for new or existing third-party vendors with a pre-designed questionnaire aligned with widely adopted standards
  • Easily access and visualize all vendor information and questionnaire responses with the ability to share results across your organization's vendor landscape
  • Earn trust with your customers that procedures are in place to protect their data
  • Request SOC 2 evidence for vendors to advance assessment efforts for you and the vendor being reviewed
Establish Best Practices With Vendors
Score Inherent Risks of Business Relationships

Score Inherent Risks of Business Relationships

  • Send self-assessment questionnaires and request evidence directly from vendors to automatically calculate the third-party's risk level
  • Confidently identify business critical and data sensitive vendors with pre-built inherent risk tiering
  • Scope assessment types, ranging from Lite to Comprehensive, to focus assessment efforts on inherently high-risk relationships
  • Instantly create findings and track associated resolution plans to mitigate risks associated with each vendor

 

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