In today’s extended enterprise model, there could be thousands of third parties that interact with your data, access your IT environment, or provide critical services to keep your activities running on a daily basis. As a CISO, understanding the impact of these interactions and where to prioritize resources is crucial for an effective third-party cyber risk program. SAFE One Third-Party Cyber Risk Management rapidly strengthens your defenses against 3rd party cyber incidents via automation and risk-based prioritization.
Managing third-party cyber risks is more than an initial onboarding questionnaire. As the threat landscape continues to evolve, your approach to managing cyber risk must adapt accordingly. It is possible to build an agile, defensible, and strategic TPCRM program once you move beyond scoring.
Using just a questionnaire and scoring approach these requirements are impossible to implement at scale. Using SAFE One TPCRM it is possible to move to a true quantitative risk-based approach and address these challenges.
The SAFE One Third-Party Cyber Risk module delivers actionable insights, with risk-based prioritization using a quantitative analysis of your third-party risk landscape.
- Understand what third parties represent the highest risk in financial terms
Integrate and analyze control performance data using AI technology reducing manual effort and increasing accuracy
Streamline the onboarding and assessment process by providing your third parties access to their risk profile
SAFE One is built on the Open FAIR™ framework, a quantitative framework for understanding and analyzing cyber and technology risk in financial terms.
The SAFE One Threat Center provides realtime updates on how threat actor capability and activity impact your organization and risk posture.
Security posture is dynamically updated as controls change with API based integrations.
Make informed decisions with assessments that evaluate the financial impact and cost-effectiveness of a security strategy considering both first and third-party controls
SAFE One TPRM scales with AI-enabled automation adapting to your changing needs and challenges
SAFE One provides a single view of both first and third-party cyber risk showing how control performance, the threat landscape and your digital asset profile influence risk
Contact us to schedule a demo or to learn more about integrating SAFE One Third-Party Cyber Risk Management into your third-party risk management strategy
SAFE One is a state-of-the-art Cyber Risk Quantification (CRQ) platform based on the FAIR™ standard. The FAIR™ integrated platform enables CISOs to prioritize controls and justify security programs at the speed of business.
The FAIR™ Third Party Assessment Model(FAIR-TAM) enables true data-driven prioritization and risk reduction strategies for TPCRM. SAFE One Third-Party Risk Management integrates three FAIR™ extensions, FAIR-MAM, FAIR-CAM and FAIR-TAM. These extensions dive deeper into the quantified view of material risk, control effectiveness and third-party risk assessment.
C-Risk is a thought leader and ambassador of Cyber Risk Quantification in Europe with a strong influence on the market. The team is working relentlessly on educating organizations and quantifying their top risks with state-of-the-art approaches in order to improve decision-making on (cyber) risks.
Over the past two years, I have worked with C-Risk on a number of projects, from performing FAIR-based quantitative risk assessments and consulting on Information Security strategy to GDPR/SOX 404 compliance work. C-Risk has a deep understanding of each subject area, in particular the FAIR methodology. They have a flexible approach and are able to scale depending on your needs. I highly recommend C-Risk to anyone seeking risk assessment or information security consulting services.
We look forward to hearing from you.
Here are some answers to your commonly asked questions.
The core of the SAFE’s quantitative risk management assessments is the FAIR (Factor Analysis of Information Risk) framework. FAIR is an internationally recognized open standard that decomposes risk into quantifiable components.
The onboarding process is straightforward. From the first week, you will start experiencing the benefits. And at the close of the fourth week, you will be fully operational. The C-Risk onboarding team can hand you the keys.
C-Risk can also work alongside you to support your team with specific use cases or to provide additional training.
C-Risk is a recognized expert in Cyber Risk Quantification using the FAIR™ methodology. We provide CRQ solutions, advisory services and training.
