Enabling our customers to survive and thrive in the digital economy

Vendor Risk Management

Vendor Risk Management

VENDOR RISK MANAGEMENT

Visualise and manage your digital risk in one place.

Monitor, Plan, and Prioritise all your suppliers based on their Risk Severity. And keep track of all remediations, policies and team inputs all in one place, with C2’s simple 5-step process. You can reduce and mitigate your supplier chain vulnerabilities in as little as 10 minutes.

1
01. Segment
Tier according to the risk they posed to your company
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2
02. Assess
Assess your highest risks with built in Framework
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3
03. Manage
Remediate highlighted vulnerabilities with your team
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4
04. Monitor
Monitor your risks actively through 100,000 data points
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5
05. Report
Export Meaningful reports for different stakeholders
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STEP ONE

Segmentation – Categorise your Risk.

Tier your Suppliers according to the risk they pose to your company, allowing you to match Cost to Effort.

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Slice your suppliers into different groups in order to be able to assess, estimate risk and apply commands and control to. By segmenting vendors into categories with similar characteristics, you can assign risk tolerances and develop roadmaps to reduce, remediate, diversify or even just monitor associated risks.

STEP TWO

Risk Assessments with you in Mind.

Conduct Assessments on your riskiest suppliers in line with Compliance Frameworks customised according to you, helping your business become compliant while managing risks effectively.

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.

STEP FIVE

Risk Reporting.

Export Meaningful reports for different stakeholders such as Executives, Analysts and Reviewers.

Instantly get a snapshots of a Vendor Security Position generating from the analysis of over 100,000 Data Points derived from Open Source Intelligence, The Dark web, Commercial & Government Feeds and other sources. This data driven visualisation provides an easy to understand risk score based on the changing digital environment.

Case Study Download

Discover how we empowered a global retail client to have greater control and efficiency over their third-party risk

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