Third-Party Risk Management
OVERVIEW
Every organisation relies on suppliers, partners, and service providers to operate, but each third party you connect with can also introduce cyber risk.
Third-Party Risk Management (TPRM) is the process of identifying, monitoring, and mitigating those risks so your business doesn’t inherit the weaknesses of others.
From cloud providers to managed services, from payroll platforms to contractors – attackers target suppliers because they know it can be the easiest way into your business.
Modern supply chains are interconnected and complex. Without visibility into third-party security practices, businesses face:
Supply chain attacks – attackers compromise a vendor to gain access to your systems
Compliance failures – regulators and insurers increasingly demand supplier risk oversight
Reputation damage – a breach at a supplier can damage your brand and customer trust
Operational disruption – if a key provider goes offline due to an attack, your business may too
A structured TPRM programme ensures your suppliers don’t become your biggest weakness.
Our Partnership
CyberGrape and Black Kite
CyberGrape partners with Black Kite, the leading third-party cyber risk intelligence platform, to deliver continuous visibility and monitoring of supplier risk. With Black Kite, we provide:
Continuous monitoring
Standards-based assessments
Ransomware risk detection
Compliance reporting
Evidence for regulators, auditors, and insurers
Risk prioritisation
Focus on the vendors who represent the highest business impact
Black Kite turns complex supply chain risk into actionable insights, so you can protect your business without drowning in questionnaires or guesswork.
What’s Included
Third-Party Risk Intelligence and Monitoring
- Continuous monitoring of vendors, suppliers, and partners across thousands of organisations.
- Non-intrusive data collection – no agents, no questionnaires required; Black Kite uses open-source intelligence (OSINT), publicly available data, and threat feeds.
- Comprehensive vendor directory – pre-scored vendors available for instant lookup and onboarding.
- Automatic alerts when a vendor’s cyber posture changes (new breach, ransomware event, leaked credentials, or critical vulnerability).
- Integration with TPRM workflows – connects to platforms like ServiceNow, OneTrust, and Archer for vendor onboarding and due diligence.
Risk Scoring and Analysis
- Cyber risk ratings (0–900 scale) benchmarked against industry peers.
- Financial quantification – translates technical cyber risk into estimated dollar impact using FAIR methodology (e.g. “probable loss in the next 12 months”).
- Ransomware Susceptibility Index™ – unique scoring model to predict likelihood of a ransomware incident across a vendor ecosystem.
- Technical risk domains analysed: network security, application security, DNS health, leaked credentials, patching cadence, endpoint posture, dark web exposure, etc.
- Compliance mapping – automatically maps vendor risks against standards such as NIST CSF, ISO 27001, PCI DSS, HIPAA, GDPR to speed up audits.
Reporting, Governance, and Collaboration
- Board-level reporting – plain-language, financial-impact driven outputs for executives and boards.
- Detailed vendor scorecards – with drill-downs into weaknesses, remediation paths, and comparative benchmarks.
- Regulatory alignment – built-in frameworks for DORA, NIS2, SEC, and other compliance requirements.
- Vendor engagement – allows sharing of scorecards and remediation guidance directly with suppliers.
- API & integrations – seamless export of risk data into SIEM, SOAR, GRC, and procurement systems.
- Audit evidence – supports due diligence documentation and third-party assessments for procurement and insurance.
Benefits of TPRM
Know your supply chain risk – continuous visibility into vendor security posture
Stay compliant – meet requirements for SMB1001, ISO 27001, regulators, and insurers
Prioritise effort – focus on suppliers that pose the greatest risk
Strengthen trust – demonstrate to clients and partners that you manage risk responsibly
Prevent disruption – mitigate issues before they cascade through your supply chain
With CyberGrape’s Third-Party Risk Management powered by Black Kite, you gain clarity, compliance, and control over supply chain risk – before it impacts your business.