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Third Party Security Service

Strengthening trust and transparency across your third-party relationship.  Companies depend on third-party service providers to host or manage financial and non-financial information. Businesses stay competitive by using multiple customer and vendor relationships and accessing specialised solutions and skills. This advantage, however, offers challenges around third-party data security, proliferating regulatory and compliance requirements.  Your management, board and shareholders demand confidence in the controls and compliance capabilities of suppliers, vendors and service organisations. Service organisations must demonstrate that they have proper internal controls in place when they host or process your data.

Third Party Security Service

SERVICE OVERVIEW

Providing Assurance Through Independent Controls Reporting

Companies can effectively communicate accurate information about their risk management and controls framework through a System and Organisation Controls (SOC) report. Via a broad range of Assurance Reporting services (SOC 1, SOC 2 and 3, SOC 2+ and Agreed Upon Procedures).

 

Our Industry Focussed Holistic Approach

By bringing together industry-specific skills in technology, regulatory compliance, financial and accounting and other business processes, our TPS Team can perform controls-based engagements to help you assess your third-party risk management exposure, and assess supplier suitability.

Cyber Smart Associates Can Help You

  • Define your Third-Party Security programme to ensure that no gaps leave your business exposed
  • Assess your control posture, with a focus on controlling costs, mitigating risk and enhancing trust and transparency
  • Provide the comfort and assurance your customers, suppliers, regulators and other stakeholders need
  • Prepare objective reporting that expresses an opinion about your control environment on which multiple customers and auditors can rely
  • Identify weaknesses and risks
  • Build better protections across your business
  • Minimise disruption to your business with efficient procurement support

CUSTOMER BENEFITS

 

Gain peace of mind through Independent Assurance of your suppliers.

Determine areas of risk measured against potential business impact

Partner with security experts who provide trusted guidance to improve security posture