Third Party Risk Management

Third Party Risk Management

Third-party risk management (TPRM) is the continuous process of identifying, monitoring and controlling risks by third parties such as suppliers, vendors, partners, service providers, and contractors to an organization, its data, operations and finances. Some of the risks include:        

SERVICES AND SOLUTIONS

LogiqMax’s services and solutions are driven by our unique risk based ‘LogiqShield’ approach.

Third-party Management

LogiqMax’s Third-party Management service offers complete management of Third-party lifecycle including identification and screening, risk evaluation and mitigation, reporting, ongoing monitoring and offboarding.

Third-party Risk Assessment

We offer complete Third-party Risk Assessment (TPRA), including risk scoring, evaluation of risk against the organization’s risk appetite, control validation for desired residual risk level and continual monitoring for increased risk levels (e.g., data breaches).

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