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Third Party Risk Management (TPRM) involves identifying, assessing, and managing risks associated with external vendors, partners, and other third-party entities. In today’s cloud-driven, hyper-connected world, it’s increasingly important not only to secure your own IT environment – but also to understand and control the risks that arise from your broader ecosystem of external parties.
According to a recent report by Radar, third-party risks are among the fastest-growing threats facing Swedish organizations. Many companies lack visibility into their suppliers’ cybersecurity, leaving them vulnerable to attacks that exploit weak links in the supply chain.
At the same time, regulatory requirements are tightening both nationally and across the EU. For example, the NIS2 Directive and DORA require organizations to demonstrate how they manage risks related to external IT providers. Inadequate third party risk management can therefore lead not only to security incidents but also to compliance issues and potential sanctions.
In collaboration with our partner SAFE, we provide an AI-powered TPRM solution that enables comprehensive oversight of supplier risks. The platform integrates automated security assessments, financial risk evaluations, and continuous monitoring across your entire supplier ecosystem.
This helps you avoid the time-consuming, complex, and manual processes often used today.
You would avoid manual processes and one-off efforts. Instead, you would gain a scalable, transparent, and business-critical solution that enables continuous evaluation of all your suppliers. Fully automated.
Have questions? Want to chat with us to see if we’re the right fit for your needs, or ready to schedule a demo?
Erik Säfvestad
erik.safvestad@nexergroup.com
+46761335007