Third-Party Risk Management
Your security is only as strong as your weakest vendor. A single compromised supplier can undermine years of internal security investment. TPRM identifies, assesses, and monitors the risk your third parties introduce — continuously, not just at onboarding.
What Is Third-Party Risk Management?
Third-party risk management is the process of identifying, assessing, and mitigating risks introduced by vendors, suppliers, partners, and service providers who have access to your data, systems, or infrastructure. It covers information security, privacy, business continuity, and regulatory compliance across your supply chain.
Most organisations do some form of vendor assessment at onboarding, then lose visibility. Our TPRM programme gives you continuous monitoring, automated reassessment workflows, and a structured framework for managing vendor risk from procurement through contract termination.
What’s Covered
The TPRM lifecycle end to end.
Vendor Assessments
Structured security assessments for new and existing vendors. Risk-tiered questionnaires, evidence review, and validation. We assess the controls that matter, not just the documentation.
Supply Chain Security
Mapping your supply chain dependencies and identifying concentration risk. Understanding which vendors have access to critical data or systems, and what happens if they fail.
Continuous Monitoring
Automated monitoring of vendor security posture — domain reputation, certificate expiry, data breach notifications, dark web exposure, and compliance status. Alerts when vendor risk changes.
Questionnaire Automation
Standardised security questionnaires with automated scoring and risk rating. Vendors respond through a portal; we validate responses and follow up on gaps. Reduces assessment turnaround from weeks to days.
Remediation Tracking
When vendor assessments identify gaps, we track remediation progress. Follow-up reminders, evidence collection, and escalation for unresolved issues. Vendors are held accountable.
Contract & SLA Review
Security clause evaluation in vendor contracts. Right-to-audit provisions, breach notification timelines, data handling requirements, and termination procedures. Ensure contractual protections match your risk appetite.
Our Approach
Systematic vendor risk management.
Vendor Inventory & Tiering
We catalogue your third-party relationships and classify them by risk tier based on data access, system access, criticality, and regulatory sensitivity. Not every vendor needs the same level of scrutiny.
Assessment & Validation
Tiered assessments — full questionnaires for critical vendors, lightweight assessments for low-risk suppliers. Evidence reviewed, responses validated against your requirements.
Risk Scoring & Decision
Each vendor receives a composite risk score. Recommendations for accept, mitigate, transfer, or reject. Clear decision support for procurement, legal, and security stakeholders.
Monitoring & Review
Continuous posture monitoring with periodic reassessments. Vendor risk scores updated dynamically. Annual reviews for critical vendors. Offboarding procedures for decommissioned relationships.
Why Bravix TPRM?
Security-Lens Assessment
Our vendor assessments are written by security practitioners, not procurement templates. We ask the questions that reveal real control gaps, not just policy compliance.
Continuous, Not Point-in-Time
Most TPRM stops at onboarding. Our programme includes ongoing monitoring that catches posture changes — a vendor gets breached, loses a certification, or changes their infrastructure.
Scalable Process
Whether you have 20 vendors or 2,000, the programme scales. Automated questionnaires, risk-based tiering, and efficient evidence review keep the workload manageable.
Board Reporting
Vendor risk dashboards that show supply chain exposure, critical vendor status, and remediation progress. Leadership sees the full picture without wading through individual assessments.
Manage Your Vendor Risk
Stop assuming your vendors are secure. Build a structured TPRM programme that keeps your supply chain risk visible and managed.