Compare Third party risk management

Third Party Risk Management QuickStart – Cybersecurity in the Supply Chain

The efficient way to effective supplier risk management.

Cybersecurity Basics

Why Is Third Party Risk Management So Important?

Security and compliance standards such as DORA and NIS2 are placing a significant emphasis on the issue of supply chain security / Third Party Risk Management (TPMR). Today, there is generally a lack of transparency and control within companies’ supply chains. In practice, this means high complexity in implementation, often compounded by a lack of expertise. Time and cost constraints usually prevent effective TPRM. This is where CyberCompare comes in.

direct & simple

Get a professional assessment of your third-party risk management approach against best practices and regulatory requirements

Do you already use a tool-based solution for third-party risk management?

SIMPLE. CLEAR. AFFORDABLE.

How We Help You Secure Your Supply Chain

Inventory Assessment and Supplier Register

Workshop for the inventory assessment of “Supply Chain Security.”

Result of the Workshop : Evaluation of risk factors, concrete action recommendations, and good practice suggestions.

Initial setup of a supplier register, including a customer-specific questionnaire, supported by virtual workshops and a proven template with a dashboard.
Consulting regarding legal requirements and compliance risks.

Analysis of Top Suppliers

CyberCompare carries out tailored diagnostics for critical suppliers and assesses risk factors individually for you.
Maintenance of the supplier register for these suppliers by CyberCompare.

Suppliers Watchlist

Scope: IT and cybersecurity suppliers.
Continuous monitoring regarding cyber attacks & data incidents, critical financial risks, significant M&A activities, and content-related (re)alignments.
Annual written management briefing for each supplier.
Ad-hoc notifications for critical changes.

Selection Process for Tool and Service (RfI and RfP)

Market study with 10 potential tools and services to further professionalize your TPRM.
RfI or RfP for obtaining and comparing offers from up to 5 providers.

Finally transparency in the supply chain

How Do You and Your Purchasing Department Benefit From Our Approach

Modularity

We begin with a brief assessment to help you identify the right starting point. We then work with you to build the first version of the supplier register using templates, so that you can start tracking your top suppliers. After that, with our guidance, you will define how to gradually increase the maturity level, for example by using specialised tools and services.

Independency

As always, we guarantee that we act independently and solely on your behalf. This means we have a broad market overview, can access all the options available on the market, and compare them individually for you. We do not receive any commissions or referral fees. Our sole aim is to set up your third-party risk management as efficiently as possible, so that you can manage your suppliers effectively.

Clear Core Competence

You will also benefit directly from other CyberCompare client projects, as we always share the knowledge we have gained with new clients. The CyberCompare ecosystem now comprises more than 500 clients – and, of course, all relevant security providers.

Your Expert for Questions -
Get Answers Here

Jannis Stemmann

CEO CyberCompare
+49 (0)711 811-91494