Vendors aren’t new. But the ways they interact with your data, systems, and people have changed, and that requires rethinking your strategy for managing the risks that vendors pose. Focal Point is on the leading edge of third-party risk strategies, having developed innovative solutions for Fortune 500 customers that have reduced risk, saved money, and increased efficiency. Set up a free consultation today.
Your third-party risk management program should be agile and tailored to your business. Focal Point can help select a framework, design risk profiles and questionnaires, and put your plan into action.
Knowing where your data lives is the first step in protecting it - and that's true even when your data is outside your walls. Map your data as it moves inside and outside your perimeter, and you'll be better able to protect it along the way.
Onboarding new vendors and regularly re-assessing existing vendors is labor intensive and slows down procurement processes. For many companies, Focal Point acts as an outsourced provider of third-party risk management. We'll assess new and existing vendors on an ongoing basis and align them with your program.
Your vendors need access to your systems, but that access poses tremendous risk. Focal Point's Privileged Remote Access solution leverages best-of-breed technology to help you manage vendor identities and privileged access.
Better third-party control is a requirement of many new privacy laws, including the GDPR and CCPA. Focal Point can help you build a third-party risk management program that fits into your broader compliance initiatives, while also driving efficiencies in your business.