According to the Verizon 2022 Data Breach Investigations Report, 62 percent of all data breaches happen via third-party vendors.

Schools are increasingly reliant on third-party vendors for a vast array of services—from student information systems to cloud storage solutions. While these partnerships bring a wealth of benefits, they also introduce a spectrum of risks that must be vigilantly managed. Our Vendor Risk Management service is designed to help your school navigate this complex landscape with confidence.

Comprehensive Risk Oversight

Our Third Party Information Security Risk Management (TPISRM) process provides a 360-degree view of the security posture of your vendors, equipping your school with the insights to make informed decisions and take control of your third-party risk:

• Thorough Vendor Assessments: Evaluate the security measures of current and potential vendors to ensure they meet the rigorous standards necessary to protect student and staff data.

• Continuous Monitoring: Establish an ongoing review process to track the security health of your vendors, ensuring they remain compliant with the evolving security and regulatory landscape.

• Risk Analysis and Mitigation Strategies: Identify potential security risks associated with each vendor and develop tailored mitigation strategies to protect your educational ecosystem.

Empowering Educators with Data-Driven Decisions

Our Vendor Risk Management service delivers:

• Actionable Intelligence: Receive detailed reports and dashboards that provide at-a-glance insights into the risk levels of all third-party engagements.

• Strategic Advisory: Benefit from expert guidance on vendor selection, contract negotiations, and the implementation of security clauses that align with your school’s cybersecurity framework.

• Policy and Procedure Development Support: Assistance in developing policies and procedures that establish clear criteria for vendor selection, evaluation, and risk management.

Protecting the Educational Chain

Vendor risks can have a domino effect on your institution’s reputation, legal standing, and financial health. Our service helps you build a resilient operational chain where each link is as strong as your commitment to education.

TPISRM: An Integral Element of Cybersecurity Hygiene

Integrate Vendor Risk Management into your cybersecurity routine to ensure that every partnership you forge strengthens, rather than compromises, the safety and integrity of your educational environment. Let’s collaborate to build a fortress of trust around your school’s valuable data.