In 2023, there were over 2,365 cyberattacks affecting millions of people, highlighting just how
Third Party Risk Assessment is an essential service for any business that works with external vendors, suppliers, or partners. Nueva provides comprehensive third-party risk assessment services, including evaluating the security posture and compliance of third-party vendors, identifying potential risks and vulnerabilities, and recommending strategies for mitigating those risks. By working with Nueva, businesses can reduce the risk of cyber attacks, data breaches, and regulatory compliance issues that can result from working with external parties. Our team of experts will work with you to develop a tailored risk management strategy that fits your organisation’s unique needs and budget. Contact Nueva today to learn more about our third-party risk assessment services and how we can help protect your business from external threats.
This involves identifying all third-party vendors, suppliers, or partners that have access to the business’s sensitive data or IT infrastructure. This includes conducting due diligence checks to ensure that these parties have appropriate security measures in place to protect the business’s assets.
Once third-party vendors have been identified, they must be evaluated to assess their security posture, compliance with regulations and standards, and overall risk profile. This includes conducting assessments of their policies and procedures, security controls, and security incident response capabilities.
After identifying and evaluating third-party risks, appropriate measures must be taken to mitigate these risks. This may involve implementing additional security controls, monitoring the third party’s activities more closely, or even terminating the relationship with the third party if their risk profile is deemed unacceptable. Ongoing monitoring and periodic reassessment of third-party risks is also essential to ensure continued protection of the business’s assets.
Our mission at Nueva Solutions is to create a safer digital environment by providing innovative and
customised cybersecurity solutions to our clients. We are committed to staying ahead of the
constantly evolving cybersecurity threats and challenges to ensure our clients; information and
assets are protected. With a strong focus on customer centricity, teamwork, and ethics, we strive to
build trust with our clients and establish long-lasting relationships. Our goal is to simplify cyber
security and deliver exceptional service and support to create a safer digital world for everyone.
Third Party Risk Assessment is a process of evaluating the security posture and compliance of third-party vendors, suppliers, or partners that have access to a business’s sensitive data or IT infrastructure. The goal is to identify potential risks and vulnerabilities and recommend strategies for mitigating those risks.
Third-party vendors, suppliers, or partners can be a significant source of cybersecurity risk for a business. By conducting Third Party Risk Assessments, businesses can reduce the risk of cyber attacks, data breaches, and regulatory compliance issues that can result from working with external parties.
Third Party Risk Assessment can help identify a range of risks, including data breaches, cyber attacks, regulatory compliance violations, and reputational damage caused by a third party’s actions.
Third Party Risk Assessment typically involves a combination of questionnaires, onsite assessments, and technical assessments to evaluate a third party’s security posture and compliance with regulations and standards.
The output of a Third Party Risk Assessment is a report that identifies potential risks and vulnerabilities associated with working with a third party, along with recommendations for mitigating those risks.
Third Party Risk Assessments should be conducted on a regular basis, ideally annually, or whenever there are significant changes to the third party’s operations or the business’s IT infrastructure.
Yes, many businesses choose to outsource their Third Party Risk Assessment to a cybersecurity company like Nueva to ensure that the process is conducted thoroughly and with the latest expertise.
Nueva provides comprehensive Third Party Risk Assessment services, including identifying third-party vendors, evaluating their security posture and compliance, and recommending strategies for mitigating risks. Contact Nueva today to learn more about our Third Party Risk Assessment services and how we can help protect your business from external threats.
At Nueva Solutions, we understand the critical importance of maintaining strong cybersecurity defenses in today’s rapidly evolving threat landscape. That’s why we’ve built a comprehensive ecosystem of sector specialists, law enforcement, regulators, and other strategic partners to provide our clients with continuous support and advanced cybersecurity services.
At Nueva Solutions, we understand the critical importance of maintaining strong cybersecurity defenses in today’s rapidly evolving threat landscape. That’s why we’ve built a comprehensive ecosystem of sector specialists, law enforcement, regulators, and other strategic partners to provide our clients with continuous support and advanced cybersecurity services.
At Nueva Solutions, we understand the critical importance of maintaining strong cybersecurity defenses in today’s rapidly evolving threat landscape. That’s why we’ve built a comprehensive ecosystem of sector specialists, law enforcement, regulators, and other strategic partners to provide our clients with continuous support and advanced cybersecurity services.
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