Third-Party Cyber Risk Management Service - RiskQ - RankSecure
Home » Our Unique Solutions » RiskQ » Third-Party Cyber Risk Management Solution

Comply with the DPDP Act, 2023

A Comprehensive Vendor / Supply Chain / Third Party Cyber Risk Management Solution

Protect your sensitive business data from third-party risk exposure and safeguard your organisation against cybersecurity, regulatory and reputational risks with RiskQ – a comprehensive & easy-to-use third-party risk management service.

Identify

potential risks associated with third-party vendors, such as Cybersecurity Vulnerabilities, Compliance Issues, or Supply Chain disruptions.

Automate

third-party risk management that can compromise your cybersecurity posture and may pose financial risks to your organisation, and mitigate vendor risks.

Monitor & Control

vendor activities to ensure third parties adhere to set standards and requirements while maintaining a secure and reliable third-party ecosystem.

Built on a ‘Trust and Verify’ Model, RiskQ Offers Robust Vendor Cyber Risk Assessment

Most companies rely solely on trust in third-party associations. Requesting your vendors to fill out extensive questionnaires without confirming the presence of their security measures can have a catastrophic outcome for your organisation.

However, RiskQ offers a third-party risk management service that adopts a ‘trust and verify’ model, enabling you to prioritise third-party compliance and risk reduction.

Take Control of Third-Party Risks with RiskQ

Organisations handling sensitive customer data through third-party platforms must adhere to TPCRM programs to comply with regulations. While this can be tedious to keep track of, RiskQ’s third-party risk management service simplifies the process for you.

How RiskQ Performs Vendor Risk Assessments For You

To ensure that any third-party cyber exposure to your organisation’s data is immediately identified and mitigated, RiskQ’s TPCRM solution follows a comprehensive approach.

It identifies relevant third-party regulations and requirements for your organisation.

RiskQ then allows you to perform thorough assessments based on vendor type, to determine potential risks.

It automates evidence collection and provides step-by-step guidance for auditing the gathered information.

RiskQ performs objective financial exposure analysis for you, allowing you to prioritise vendor assessments that your team should tackle.

Finally, the software consistently monitors third-party security postures and recommends measures to strengthen security gaps, also ensuring that you comply with the regulations of the DPDP Act.