Vendor Risk Solutions

Ensure Third-Party Security with RiskTKO

Managing third-party relationships is a complex but essential part of modern business operations. RiskTKO helps vendor risk managers streamline the process by offering templates that assess vendor compliance, cybersecurity, and operational risks. Customize these templates or build new ones to address your organization’s unique vendor ecosystem. With surveys tailored to gather data from key internal stakeholders and vendors, RiskTKO’s AI analyzes the results to reveal areas of concern, from supply chain weaknesses to compliance gaps. The platform then generates AI-driven roadmaps, prioritizing the most critical risks, enabling you to create robust action plans to improve vendor security and compliance. By tracking progress dynamically, you can ensure that vendor-related risks are mitigated in real time, with maturity ratings automatically adjusting as your team completes action items and secures third-party relationships. 

Third-party risks can pose significant threats to your organization. RiskTKO helps vendor risk managers create a comprehensive Risk Registry of all external vendors and third-party service providers. Each vendor can be tracked with key information like service usage, ownership, and risk potential. RiskTKO’s AI-generated impact, vulnerability, and threat assessments help quantify the risks posed by each vendor, creating a centralized risk rating for every item in the registry. This allows your team to build vendor-specific roadmaps and action plans that dynamically adjust as vendor risks are mitigated or new issues are identified.