Third Party Risk Management

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Secure Your Supply Chain. Strengthen Your Partnerships. Reduce Risk.

At Cyprics, our Third Party Risk Management (TPRM) services help organizations identify, assess, and mitigate risks introduced by vendors, suppliers, contractors, and other external partners. In today’s interconnected digital ecosystem, third-party relationships are essential—but they also introduce significant cybersecurity, compliance, and operational risks. Our TPRM program ensures your extended enterprise remains secure, compliant, and resilient.

What We Offer

01.

Third-Party Risk Assessment & Classification

We evaluate the criticality, sensitivity, and risk exposure of each third-party relationship. Our assessments include:

  • Risk-based tiering and classification
  • Due diligence questionnaires and evidence collection
  • Security control assessments and scoring
  • Regulatory compliance alignment (e.g., GDPR, HIPAA, ISO 27001) 
02.

Onboarding & Contractual Risk Controls

We support secure onboarding of new vendors with standardized processes and enforceable contractual terms:

  • Pre-engagement risk screening
  • Contract language for data protection, breach notification, and compliance
  • Non-disclosure agreements and SLAs
  • Integration with procurement and legal workflows 
03.

Continuous Monitoring & Periodic Reviews

We provide ongoing oversight of third-party performance and risk posture:

  • Annual reviews of critical suppliers
  • Real-time threat intelligence and breach alerts
  • Monitoring of dark web exposure and credential leaks
  • Reassessment triggers based on incidents or changes in service scope 
04.

Centralized Supplier Risk Repository

We maintain a master supplier list with key metadata to streamline governance and reporting:

  • Contact details, services provided, and risk ratings
  • Information classification levels and access scope
  • Review dates, contract terms, and audit history 
05.

Incident Response & Breach Coordination

In the event of a third-party breach, we coordinate investigation, containment, and regulatory reporting:

  • Root cause analysis and forensic support
  • Notification to affected stakeholders

Contractual enforcement and remediation planning 

Why Choose

Cyprics?

Certified Risk Professionals

Our team includes CRISC, CISA, and ISO 27001-certified experts.

End-to-End Coverage

From onboarding to offboarding, we manage the full third-party lifecycle.

Regulatory Alignment

We help you meet global compliance standards and audit requirements.

Integrated with ISMS

Our TPRM services are embedded within your broader information security program

Protect Your Business Beyond Your Walls

Third-party risk is your risk. Let Cyprics help you build a scalable, defensible, and proactive third-party risk management program. Contact us today to schedule a TPRM consultation.

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