Managing third-party risks is essential to protecting your business. A study by Astra reveals that nearly one-third of vendor relationships are high-risk during a breach, 80% of organizations faced a breach caused by a third party, and 54% fail to properly vet their vendors.
At Knight Aegis Consulting, we help organizations establish robust Third-Party Risk Management programs. From creating tailored risk assessment questionnaires to negotiating strong security clauses in vendor contracts (e.g., MSAs and SOWs), we ensure your third-party vendors meet stringent security standards and reduce exposure to cyber threats.
• Custom third-party risk assessment questionnaires.
• Guidance on security documentation, such as SOC 2 Type 2 reports.
• Support in negotiating security clauses in contracts.
• Ongoing vendor risk monitoring and improvement.
• Standardize vendor due diligence processes.
• Ensure vendors meet strong security requirements.
• Reduce third-party breach risks and protect sensitive data.
• Strengthen vendor relationships with proactive risk management.
