Third-Party Risk Business Protection Strategies

Solutions
Overview
How it Works
Continuously improve upon the security program while continuing to grow the business.
Integrations
Compyl works with the technology your organization works with.
Products
Audit Prep
Begin building a scalable security program.
Solutions
Risk management
Build and maintain a robust risk management process.
vendor management
Manage vendor due diligence and risk assessments.
GRC
Mature your security program quickly.
Policy Management
Create and centralize policies, standards, and procedures.
Contract Management
Securely store and monitor all contracts.
Enterprise
Streamline security with automated efficiencies.
Entitlement reviews
Establish and monitor permissions for all users.
it asset management
Catalog, access, and track all IT Assets.
Product
Frameworks
Frameworks
SOC 2 Attestation
Demonstrate the ability to effectively safeguard customer data's security, integrity, confidentiality, and privacy.
ISO 27001
Prove the strength of your Information Security Management System to prospects and customers worldwide.
HIPAA
Organizations handling health information need to have measures in place & follow them.
GDPR
Regulation for companies that collect and process personal information from individuals in EU.
PCI
For organizations that accept, process, store or transmit credit card information.
NIST CSF
Guides organizations in any industry to better manage and reduce their cybersecurity risk.
NIST SP800-53
Improve the security posture of information systems used within the federal government.
MAS
Guidelines to encourage best practices among financial institutions in Singapore.
HITRUST
This global security and privacy framework provides comprehensive information, risk, and regulatory protection.
Any Regulation,
Any Region,
Any Time.
We proactively monitor for the latest frameworks to ensure our customers environments remain secure at all times. Contact us and learn about the additional frameworks Compyl supports.
See All Frameworks
Partner Network
Resources
Resources
Glossary
Terms used in the InfoSec & Compliance community.
Blog
The latest on InfoSec and Compliance trending topics.
Guides
Let Us Guide You Through Your InfoSec & Compliance Journey.
Education Center
Learn how to use the Compyl Platform.
Security Sessions
Watch all Security Session Episodes
Case Studies
Real-world stories on how we help our customers.
Featured
The Difference Between GRC Vs. IRM
How Long Is a SOC 2 Report Valid For?
Who Needs ISO 27001 Certification and Why?
Company
Company
About Us
Our mission and purpose are unique, just like the solution we created.
Our Security
We are very serious about our security. See the measures we take.
Careers
Join our diverse team of intelligent, respectful, and passionate individuals.
Contact Us
We are ready to secure your organization today!

Safeguarding your business from third-party risk is an ongoing commitment that requires a comprehensive and systematic approach. These risks, stemming from various external entities such as suppliers, service providers, contractors, and partners, can have a significant impact on your organization’s operations, reputation, and financial stability. To effectively mitigate these risks, it is crucial to follow the comprehensive guide provided here.

The key steps outlined in this guide, including identifying and prioritizing third-party relationships, conducting due diligence, assessing risks, implementing regular audits, and protecting sensitive data, collectively form a robust risk management framework. According to Gartner, 84% of executive risk committee members agreed that third-party risk “misses” have resulted in operations disruptions. Embracing these practices empowers your organization to take a proactive stance against potential threats and uncertainties. By following the comprehensive guide outlined here, you can substantially reduce the potential impact of third-party risks on your business.

Moreover, for organizations facing resource constraints or lacking the in-house expertise needed for complex risk management tasks, Compyl emerges as an invaluable solution. Compyl offers specialized expertise, guidance, and a wealth of resources tailored to various aspects of risk management. Whether it’s ensuring compliance with regulations, enhancing employee training, or continuously improving risk management processes, Compyl serves as a trusted partner, equipping your organization with the tools needed to thrive in an ever-changing business environment.

By integrating the principles and practices outlined in this guide and considering Compyl as a strategic ally, your organization can build resilience against third-party risks, maintain the integrity of its operations, and safeguard its reputation. This proactive approach not only prepares your business to navigate uncertainties but also positions it for sustainable success in today’s dynamic and competitive landscape. Ultimately, a commitment to proactive risk management empowers your organization to adapt, thrive, and minimize the potential for disruption and financial losses in the face of evolving threats.