Platform

Third-party risk management

Third-party risks pose a significant threat to organizations, with 19% of data breaches resulting from a compromise at a business partner. As also the latest European security measures highlight, like NIS2, monitoring third-parties is fundamental for a safe cybersecurity scenario.

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Muscope|Risk provides a comprehensive solution for managing these risks by identifying and analyzing the security posture of your third-party vendors and clients.

With its state-of-the-art risk management techniques, Muscope|Risk ensures that you are always aware of the risks associated with your business partners, and takes proactive steps to mitigate them, ensuring the safety and security of your company.

In addition to identifying potential risks, Muscope|Risk provides actionable insights to help you mitigate and manage those risks. This includes recommendations for improving your TRPM processes, as well as detailed risk reports and dashboards that provide a near-real-time view of your risk exposure.

Here the essential steps that our Third-party risk’ feature offers:

  • Supplier analysis (Rating + Risk): discover your suppliers' security posture and associated cyber economic risks.
  • Prioritization: identify and prioritize suppliers.
  • Customized questionnaires: use tailored questionnaires to effectively assess compliance and security measures.
  • Detailed risk quantification: gain in-depth insights into your suppliers' risk quantification.
  • Continuous monitoring: keep track of potential threats within your supply chain.
  • Insights on selected suppliers: detailed reports on specific suppliers outside the scope.