BD Emerson understands the complexities of today's interconnected business world and the risks inherent in third-party partnerships. Our Vendor Risk Management Consulting Services are expertly designed to empower your organization with the knowledge and tools needed to manage and mitigate these risks effectively.

Why Us

01.

Industry Expertise: With 15+ years of experience in development projects and delivering services, we recognize the significant impact of data breaches and non-compliance financially on your reputation.

02.

Technology Consulting: We provide expert guidance and support to enhance digital security and protect sensitive information. Our services encompass strategy development, security audits, control implementation, and regulatory compliance to provide your organization with a comprehensive and integrated solution.

03.

Trusted Partnerships: By collaborating with industry-leading security providers, we ensure our clients have access to state-of-the-art security technology and managed security services, giving them peace of mind knowing that their cybersecurity needs are in capable hands.

​​Risk Assessment

Identify the risks and weaknesses within your operations

Identity and Access

Controlling access to resources based on identity

Organizational Policies

Informing the requirements for technical controls

Risk Management

Prioritize and manage potential security risks

Regulatory Compliance

Adhering to applicable laws and regulations

Policy Enforcement

Administrative actions to guide the organization to compliance

Network Security

Protecting the flow of information within a network

Cloud Security

Protecting data and resources in the cloud

Vulnerability Management

Identifying and mitigating potential security weaknesses

Endpoint Security

Securing devices connected to a network

Application Security

Protecting software systems and their underlying data

Backup and Recovery

Ensuring data availability and recoverability

Security Training

Educating employees on secure practices

Threat Intelligence

Gathering and analyzing information on current and emerging threats.

Incident Response

Responding to and managing security incidents

Security Culture

Rewarding and recognizing security minded staff

Penetration Testing

Simulating real-world attacks to identify vulnerabilities

Disaster Recovery

Maintaining operations and restoring systems after a disruption

Our Audit Services

BD Emerson's SOC Audit Services

BD Emerson's SOC Audit Services

Comprehensive assessments of security controls, policies, and procedures to ensure compliance with industry standards and regulatory requirements.

BD Emerson's SOC 2 Type 1 Audit Services

BD Emerson's SOC 2 Type 1 Audit Services

Validate your data security measures and enhance business credibility with a comprehensive SOC 2 Type 1 Audit.

BD Emerson's SOC 2 Type 2 Audit Services

BD Emerson's SOC 2 Type 2 Audit Services

Comprehensive assessment of controls over time to ensure compliance with security, availability, processing integrity, confidentiality, and privacy criteria.

BD Emerson's GDPR Audit Services

BD Emerson's GDPR Audit Services

Comprehensive assessments ensuring compliance with GDPR regulations, safeguarding data integrity and privacy for businesses operating within the EU.

BD Emerson's HIPAA Audit Services

BD Emerson's HIPAA Audit Services

Audit services for healthcare data protection regulations ensure compliance, mitigating risks and safeguarding patient information confidentiality.

01.

Understanding Third-party Risk Management Services

What is Third-party Risk Management?

Third-party Risk Management (TPRM), also known as vendor risk management, is the process of assessing and mitigating risks associated with external vendors, suppliers, and service providers. In our interconnected market, reliance on third-party entities is common, but it introduces various risk levels. These risks can range from honest mistakes to severe cyberattacks, impacting the security and operations of the hiring company.

Benefits of Third-party Risk Management Consulting:

  • Mitigation of External Risks: Proactive identification and management of risks from third-party associations.
  • Enhanced Security and Compliance: Aligns your business practices with regulatory standards, securing data and operations.
  • Strengthened Business Continuity: Ensures the reliability and resilience of third-party relationships, contributing to seamless business operations.
Third Party Risk Management (TPRM) Services
02.

BD Emerson's Comprehensive TPRM Services

Tailored Solutions for Comprehensive Risk Management

  • Adaptive Third-party Screening: Utilizing Vanta's sophisticated analytics and AI, alongside our capability to integrate other preferred tools, we provide versatile and in-depth cyber risks assessments from diverse data sources.
  • Thorough Background Investigations: Our meticulous background checks, bolstered by Vanta's extensive data resources, are designed to unearth key risk factors, with the flexibility to adapt to any specific toolset you prefer.
  • Detailed Risk Assessment and Analysis: Employing robust methodologies enhanced by Vanta’s insights, we also remain adept at working with alternative strategic risk assessment tools to suit your vendor landscape.
  • In-depth Remote and On-site Assessments: Leveraging the power of Vanta's platform, complemented by our ability to utilize other systems, we conduct comprehensive inspections and evaluations of third-party controls.
  • Dynamic Monitoring and Reporting: Offering continuous monitoring and detailed reporting, BD Emerson uses Vanta's technology as a primary tool but can seamlessly adapt to other platforms based on client requirements.
Third Party Risk Management (TPRM) Services
03.

Partnering with BD Emerson for Versatile Vendor Risk Management

Why Choose BD Emerson's Vendor Risk Management?

  • Customized Approach: We, as your trusted TPRM consultant, tailor our risk management strategies to align with your unique business objectives and needs, leveraging Vanta's adaptable solutions or any other tools of your choice.
  • Full-Spectrum Support: Beyond third party risk management consultant services, BD Emerson provides end-to-end implementation support and ongoing advisory services, utilizing Vanta's automated systems or alternative solutions as needed.
  • Advanced Risk Management Techniques: By combining the latest industry practices with Vanta's innovative vendor risk management tools, we stay ahead of risks, yet we remain flexible to employ other technologies as per your business preferences.

At BD Emerson, we pride ourselves on our partnership with Vanta as a certified partner, offering their advanced vendor risk management services and solutions. However, we recognize the importance of flexibility and are fully equipped to work with a range of tools and technologies that best suit your organization’s needs. Our goal is to provide a service that is not only technologically advanced but also highly adaptable, ensuring that your third-party risk management strategy is both effective and aligned with your specific business requirements.

Third Party Risk Management (TPRM) Services
04.
Third Party Risk Management (TPRM) Services
05.
Third Party Risk Management (TPRM) Services
06.
Third Party Risk Management (TPRM) Services

Elevate your approach to third-party risk management with BD Emerson. Our expertise in vendor risk management will provide your organization with the tools and knowledge to effectively manage third-party risk.

FAQs

Why is third-party risk management important?

Third-party risk management is vital for identifying and mitigating risks from external entities, ensuring sensitive data security, regulatory compliance, and operational continuity.

How is AI transforming third-party risk management?

AI revolutionizes third-party risk management through advanced analytics for risk assessment, automating vendor monitoring, and predictive insights to preempt potential threats.

How to write a third-party risk management (TPRM) policy?

A TPRM policy should clearly outline objectives, scope, and risk management methodology, including vendor selection criteria, ongoing monitoring guidelines, and operational risk response strategies.

What are the key components of effective third-party risk management strategy?

Effective third party risk management service includes thorough risk assessments, continuous monitoring of vendors, compliance with regulations, and a robust incident response plan for breaches.

How can an organization implement a third-party risk management program effectively?

Many organizations can implement TPRM programs by establishing clear policies, conducting regular vendor risk assessments, ensuring contractual safeguards, and utilizing continuous monitoring tools.

What role does technology play in TPRM?

Technology is crucial in TPRM for risk assessment tools, monitoring vendor compliance and performance, and automating various risk management processes.

How often should third-party risks be assessed?

Regular assessments of third-party risks are recommended, with frequency depending on the relationship's nature, financial risk level, and changes in the business environment.

Related Case Studies

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Information Technology (IT) Consulting Services

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Cybersecurity Compliance Audit Services

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Legal Consulting Services

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Professional legal support across various areas, including business law, compliance, contract negotiation, mergers and acquisitions.

Managed Cloud Security Services

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Robust protection for cloud-based systems and data, fostering trust, complying with security standards, and expanding business opportunities.

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Continuous threat surveillance, fostering trust, and unlocking lucrative business opportunities for enhanced data protection.

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Web Application Penetration Testing Services

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Ensuring robust cybersecurity by systematically identifying and addressing vulnerabilities in web applications, safeguarding digital assets and fostering client confidence.

Vanta Implementation Services

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Stringent adherence to regulatory standards, validating operational and security protocols to foster trust, attract clients, and unlock growth opportunities.

SOC 2 Compliance Cohort Program

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Collaborative initiative ensuring businesses meet SOC 2 compliance, enhancing data security, trust, and unlocking growth opportunities through shared expertise.

Virtual CISO Services. vCISO Consulting

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GDPR Compliance Consulting Services

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Guidance on ensuring adherence to General Data Protection Regulation (GDPR), enhancing data security, building trust, and facilitating business growth.

Cyber Incident Response Services

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Strategic planning and coordinated efforts to detect, respond, and recover from cybersecurity incidents, ensuring effective mitigation and organizational resilience.

ISO 27001 Consulting Services

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Professional guidance ensuring compliance with ISO 27001 standards, enhancing data security, trust, and business growth for organizations seeking certification.

Managed IT Support Services

Managed IT Support Services

Comprehensive IT assistance ensuring system reliability, security, and optimal performance, enhancing operational efficiency and supporting business growth seamlessly.

Cyber Security Management Services

Cyber Security Management Services

Strategic oversight ensuring robust protection, compliance, and resilience against cyber threats, safeguarding assets and bolstering organizational cybersecurity posture.

NIST Compliance Consulting Services

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Expert guidance ensuring adherence to NIST standards, enhancing cybersecurity, fostering trust, and facilitating business growth through NIST compliance consulting services.

Real-time Security Monitoring Services

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Continuous surveillance of network activities to promptly detect and respond to security threats, ensuring real-time protection and minimizing potential risks.

GLBA Compliance Consulting Services

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Financial data protection consulting services assisting businesses in complying with regulations, enhancing trust, and seizing growth opportunities through robust security measures.

Virtual Data Protection Officer (vDPO) Services

Virtual Data Protection Officer (vDPO) Services

Outsourced expertise ensuring compliance with data protection regulations, managing risks, and enhancing data security for organizations without an in-house Data Protection Officer.

Cybersecurity Services for Small Businesses

Cybersecurity Services for Small Businesses

Comprehensive protection against online threats, data breaches, and unauthorized access, safeguarding small businesses' digital assets and ensuring operational resilience.

Other Audit Services

BD Emerson's SOC Audit Services

BD Emerson's SOC Audit Services

Comprehensive assessments of security controls, policies, and procedures to ensure compliance with industry standards and regulatory requirements.

BD Emerson's SOC 2 Type 1 Audit Services

BD Emerson's SOC 2 Type 1 Audit Services

Validate your data security measures and enhance business credibility with a comprehensive SOC 2 Type 1 Audit.

BD Emerson's SOC 2 Type 2 Audit Services

BD Emerson's SOC 2 Type 2 Audit Services

Comprehensive assessment of controls over time to ensure compliance with security, availability, processing integrity, confidentiality, and privacy criteria.

BD Emerson's GDPR Audit Services

BD Emerson's GDPR Audit Services

Comprehensive assessments ensuring compliance with GDPR regulations, safeguarding data integrity and privacy for businesses operating within the EU.

BD Emerson's HIPAA Audit Services

BD Emerson's HIPAA Audit Services

Audit services for healthcare data protection regulations ensure compliance, mitigating risks and safeguarding patient information confidentiality.

Our accreditations

At BD Emerson, we believe that our team's extensive certifications not only set us apart but also ensure that we provide the highest level of service to our clients

This certification provides preferential access to government contracts for a company as a Service-Disabled Veteran-Owned Small Business

This certification validates the ability to design and deploy well-architected systems on AWS that are scalable, resilient, and efficient

This certification demonstrates an individual's ability to design and implement security solutions to secure applications and data on AWS

This certification demonstrates an individual's ability to create a company vision, structure a privacy team, develop and implement a privacy program, and much more

These certifications demonstrate a strong understanding of U.S. and European privacy laws and regulations and how they apply to companies

This globally recognized certification validates an individual's expertise in designing, implementing, and managing a best-in-class cybersecurity services program

This designation is given to those who hold both CIPM and CIPP certifications and have significant experience in the field of privacy

This certification validates the baseline skills needed to perform core computer security functions and pursue an IT and cyber security career

This certification validates the ability to implement, monitor, and maintain Microsoft technologies

This certification demonstrates that an individual can ensure safety and trust in the development and deployment of ethical AI and ongoing management of AI systems

This certification demonstrates excellence in leading and directing project teams

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