Loading...
Consulting and Professional Services

Managed Vendor Risk Assessment

Trustwave helps organizations asses and manage their cybersecurity supply chain risks with consistent, predictable, affordable, and scalable services by understanding the risks vendors pose to sensitive data and operations, you can potentially save time and money, and improve business resilience.

Overview

Streamline Cybersecurity Supply Chain Risk Management

Vendors in the supply chain of your business operations are often afforded significant access to sensitive information and systems. Due diligence in cybersecurity is required to prevent data breaches or other disruption of your business arising from a weakness in vendor security controls. A breach in your supply chain could lead to disastrous ramifications to your business from a financial, regulatory, and reputational perspective.

Trustwave offers Managed Vendor Risk Assessments (MVRAs) to help organizations assess and manage their cybersecurity supply chain risks with consistent, predictable, affordable, and scalable services. By understanding the risks vendors pose to sensitive data and operations, you can potentially save time and money, and improve business resilience.

  • Understand vendor risk

  • Reduce time to vet suppliers

  • Support procurement decisions

  • Compare vendor security postures

  • Detect breach indicators

  • Decrease interruption risk

Escalating Supply Chain Risk

Attackers Have Economics On Their Side

Organisations are increasingly relying on external vendors to provide data processing and storage services, as well as a range of other cloud-based services. Industry data suggests the average enterprise is using over 1,300 cloud services. Add to that the thousands of other suppliers providing business and professional services, IT development, hosting and maintenance and the challenge becomes apparent.

Statistic 1

3.5M

Unfilled cybersecurity jobs worldwide by end 2021

Statistic 2

82%

Respondents with a shortage of cybersecurity skills

Statistic 3

1,295

Average number of cloud apps used by an enterprise

Statistic 4

50

Average number of Internet devices per household

Custom Specialist-led Assessment

Assessments Need Human Insight

Based on more than two decades of cybersecurity service experience and thousands of risk assessments, Trustwave provides a Managed Vendor Risk Assessment service that encompasses both an automated and custom specialist-led assessment, built on an easy-to-use SaaS platform.

Our well tested assessment process ensures each vendor is evaluated within specified timeframes, leveraging industry standards, and harnessing human insight and expertise to help your business manage risk. Through predictive analysis of vendors’ processes and overall security maturities, MVRA enables risk managers to assess the likelihood of a future breach, unlike other automated scanning services focused only on prior breach events.

Overview

An Introduction to Supply Chain Risk

Trustwave offers cybersecurity diagnostic solutions to Supply Chain Risk Management (SCRM) for both strategic and operational purposes

Managed Vendor Risk Assessment (MVRA) services from Trustwave offer the execution of vendor vetting, ranking, triage and monitoring all-in-one service with consistent, repeatable, and scalable outcomes.

Trustwave Approach

Comprehensive Managed Vendor Risk Assessment

Trustwave Managed Vendor Risk Assessment is powered by an industry recognised and purpose-built platform. The platform allows streamlined execution of vendor risk assessments and the collection of supporting collateral and evidence, creating significant efficiencies, and reducing much of the labour-intensive process around collecting data and information required to complete these assessments.

  • Lorem Ipsum Ugata

    Decrease the repetitive, time-consuming burden of gathering vendor data

  • Lorem Ipsum Ugata

    Reduce the cost per assessment compared to custom consulting engagements

  • Lorem Ipsum Ugata

    Allocate limited internal resources to more specialist tasks

  • Lorem Ipsum Ugata

    Reduce the load on the IT and procurement teams by days for the same results

  • Lorem Ipsum Ugata

    Streamlined process for on-boarding new vendors

  • Lorem Ipsum Ugata

    Comprehensive NIST Cybersecurity Framework based questionnaire

  • Lorem Ipsum Ugata

    Assessment of vendor responses by a skilled Trustwave specialist

  • Lorem Ipsum Ugata

    Timely delivery of reports for each vendor assessed including maturity and risk rating

  • Lorem Ipsum Ugata

    Ability to empower procurement and IT with potential risk exposure for actionable decisions

  • Lorem Ipsum Ugata

    Recommendations for remediating gaps for each vendor to allow for risk mitigation

Additional Resources