Vendor Risk Management

Visualise and manage your digital risk in one place.

C2’s VRM (Vendor Risk Management) tool gives clients the ability the assess, identify, remediate and mitigate risk within a single piece of software. By using a questionnaire-based approach, supported by threat intelligence, it gives clients the assurance they need that risks external to their business are reported and treated where possible.

Every organisation faces challenges in managing vendor risk, from increasing compliance requirements to a constantly evolving cyber threat landscape. VRM helps you overcome these hurdles by giving you the tools to:

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1

Protect Sensitive Data

Avoid costly data breaches by identifying vulnerabilities in your vendor network.

2

Ensure Compliance

Keep up with strict regulations like GDPR, DORA, and ISO standards.

3

Avoid Disruptions

Prevent service outages or vendor failures from impacting your operations.

4

Maintain Your Reputation

Safeguard your brand with proactive, effective risk management.

5

Streamline Vendor Ecosystems

Bring clarity and structure to even the most complicated networks of vendors and third parties.

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C2 VRM

A host of features that set our VRM solution apart

Our VRM solution offers everything you need to stay in control of vendor risk. These features aren’t just practical—they’re game-changers for organisations looking to simplify and strengthen their risk management.

Here’s how it works:

Pre-Built and Custom Assessments

Use ready-made templates or create bespoke evaluations tailored to your organisation’s needs.

Evidence Gathering

Validate vendor responses with supporting documentation, ensuring accurate risk scoring.

No-Nonsense Access

Vendors can complete assessments without registering, making the process smooth and straightforward.

Collaborative Tools

Vendors can involve their teams or hand over assessments to the right person.

Lifecycle Management

Keep track of policy and certification expiration dates to ensure ongoing compliance.

Kanban Board Tracking

Manage remediation tasks visually, keeping your team aligned and on track.

Managing vendor risk can be overwhelming with multiple tools and fragmented processes. VRM simplifies this by centralising all risk, privacy, and compliance programmes into one platform, eliminating inefficiencies and providing a clear view of your vendor ecosystem. It’s not just about identifying risks—VRM helps you address them proactively. With real-time updates, actionable insights, and an evolving platform, VRM keeps you ahead of threats, ensures compliance, and protects your organisation’s reputation, all while streamlining your workload.

C2 VRM

Risk Assessments with you in Mind.

Using VRM brings a host of advantages that make managing vendor risk simpler and more effective. By proactively identifying vulnerabilities and addressing risks early, VRM enhances your organisation’s security and reduces the likelihood of costly breaches. It ensures compliance with evolving regulations, saving you from penalties and legal consequences, while its streamlined processes free up valuable time and resources for your team. With VRM, you also gain a unified platform for consistent monitoring and reporting, fostering greater transparency and collaboration. Ultimately, VRM helps safeguard your reputation, improves operational resilience, and supports scalable growth, giving your organisation the confidence to thrive in an interconnected world.

Find out what Inherent Risk is posed by a particular Vendor by analysing their policies, processes, controls, impacts and likelihood of occurrences of their identified risks.

Tailored Fit

Assessments created according to your organisations needs and Risks.

Get Actionable Reports

Vendor Risk Reports highlighting changes and areas for improvement based on your Assessments.

Leave Contextual Notes

Understand what attributes a risk has, for analysts and others to understand.

Document Findings

Store all your documents, notes and findings related to a vendor in one place!

Additional Evidence

Request additional evidence such as policies and documentation from your Supplier.

Collaboration Built in

A Complete Timeline / Audit Log for each Vendor and their Risk Journey.

C2 VRM

The Benefits of Using VRM

With VRM, you’re not only protecting your organisation from potential threats but also creating opportunities for growth and efficiency. From improving security and regulatory compliance to enhancing productivity and reducing costs, VRM delivers tangible results that impact every level of your business. It adapts as your needs grow, scales with your vendor ecosystem, and provides the tools and insights to safeguard your reputation. These aren’t just benefits—they’re the building blocks of a resilient and thriving organisation.

C2 VRM

Maximise Returns While Minimising Risk

Investing in VRM isn’t just about managing risk—it’s about achieving measurable returns across every area of your organisation. From saving time with automated assessments to cutting costs by preventing breaches and ensuring compliance, VRM delivers results that directly impact your bottom line. With advanced tools for accuracy, consistency, and proactive monitoring, VRM doesn’t just help you protect your business—it empowers you to grow with confidence and efficiency.

Reduce Costs

Prevent breaches, optimise vendor management, and lower compliance expenses, reducing costs by up to 40%.

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Improve Efficiency

Days required to complete assessments have been reduced by 94%

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Save Time

The lifecycle of assessments has been shortened by over 44%

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At C2 Risk, we offer flexible pricing options that allow you to select assessment types and volumes to match your organisation’s needs.

Our pricing includes access to a service management desk and 24/7 support, ensuring help is always at hand. For those looking to fully outsource, our managed service can take care of the entire risk lifecycle, helping you reduce headcount and focus on what you do best.

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