Best Free Third-Party Risk Management Software

TPRM by ThirdPartyTrust is your one pane of glass risk dashboard: An end-to-end document repository and workflow automation tool to scale your vendor risk management program. Leverage a network of 17,000+ existing vendor profiles to fast forward your reviews and stay proactive with continuous monitoring. Beacon is the one source of truth for third party vendors: A centralized security profile comprising all your questionnaires, certifications, and attestations. Answer them once and easily share the latest versions any time your team receives a security assessment request. The tool will help you manage your end-to-end process, reducing the time spent on requesting and reviewing security documents.

C1Risk is a technology company and the leading cloud-based, AI, enterprise risk and compliance management platform. Ou vision is to demystify and take the complexity out of risk management. We aim to To simplify your risk and compliance management for you to build and maintain the trust of your stakeholders. C1Risk sets the standard for companies that lead with risk, to win, with a full suite of solutions for a single, affordable price. GRC Regulations and Standards Library Policy Management Compliance Automation Enterprise Asset Management Risk Register and Risk Management Auto-calculated inherent and residual risk scoring Issue Management Incident Management Internal Audit Vulnerability Management Vendor Onboarding and Security Review Vendor Risk Scorecards REST API Integrations

A better way to qualify and manage suppliers, contractors, sub-contractors, and vendors. CanQualify is a cloud-based service that provides supplier risk management and compliance through pre-qualification, data collection, employee assessments, and audits. Our goal is to collaborate with our clients to build an evergreen platform that provides the necessary qualification tools that can be modified when needed to meet current and future needs. A well-informed supply chain builds teamwork, lays the groundwork for improved culture, and is one of the keys to reducing and eliminating incidents. We challenge the status quo of supplier management and provide a simpler, customizable, adaptable, and cost-effective alternative. With CanQualify, hiring clients can rest easy knowing their contractors, vendors, and suppliers comply with safety and sustainability requirements.

Third party risk management (TPRM) is a structured approach to analyze and control risks arising to the organization from third parties. Mainly third parties are: Vendors Customers Joint ventures Counterparties Fourth Parties Third-party relationships can be a significant source of enterprise risk. The propagation of third-party partners, regulatory pressure, and the complexity of cyber-related risks has led companies to dedicate more time and attention to the potential risks by third parties. They enable companies to be flexible and competitive in a global business environment. These relationships often allow companies to delegate important tasks so that they can focus on their core competencies. With the benefits gained from third parties comes related risks that pose significant threats to a business, such as cyber breaches, business continuity challenges, or reputational damage.

Understand your global supply chain and important associated risks with the Prewave risk intelligence platform. Prewave provides deep coverage on a global level by focusing on regional and local sources. Prewave analyses texts in their local languages, gaining a deeper and more accurate understanding, Using predictive analytics, Prewave reports on risk events before they happen, Prewave Alerts are highly structured datapoints with all relevant attributes extracted. Monitor and assess the most critical elements of your supply and logistics chain for disruption risks: Suppliers, Transportations Hubs, Raw Material Sites and many more. Evaluate suppliers based on real-life and up to date data, that doesn’t lag behind as financial and credit reports do. Be sure to have the complete picture of a supplier before you make any decision.

RiskProfiler offers a comprehensive suite of products for Continuous Threat Exposure Management, addressing an organization's external attack surface. These include the Cyber RiskProfiler for cyber risk ratings, Recon RiskProfiler for External Attack Surface Management (EASM) capabilities, Cloud RiskProfiler for Cloud Attack Surface Management (CASM) that identifies actually exposed cloud resources and prioritizes risks, and Brand RiskProfiler for brand protection. Recon RiskProfiler is an advanced EASM and CASM solution with robust integrations across major cloud providers like AWS, Azure, and Google Cloud. It delivers comprehensive visibility into external cloud resources, enabling efficient identification, assessment, and management of vulnerabilities and risks. Vendor RiskProfiler is a comprehensive Cyber Risk and Vendor Risk Management solution that delivers company cyber risk ratings while enabling efficient sending, receiving, and validation of third-party vendor security.

Auditive is a Third-Party Risk Management (TPRM) platform with continuous monitoring, empowering buyers and sellers to confidently engage with each other, like never before. Auditive's unique network approach eliminates 80% of the risk review work for businesses and their vendors. Buyers can complete third-party risk reviews four times faster, continuously monitor risk across their entire vendor portfolio, and gain near-instant visibility into third-party risk, resulting in a 35% increase in vendor response rates. Sellers benefit by avoiding repetitive questionnaires, focusing on high-value initiatives, marketing their security posture on the Auditive network, and building trust with customers. The platform supports evaluation against industry-specific frameworks, ensuring accurate risk assessment. Auditive integrates seamlessly with procurement and productivity workflows, enabling rapid onboarding and continuous monitoring of all vendors in one place.

AuditComply is a Belfast-headquartered Enterprise Risk Management Platform. Developing & providing comprehensive solutions for Risk, Quality, Compliance & EHS. A SaaS-based solution to spot hazards/issues, monitor risk, tackle uncertainty and boost performance. The company operates in highly regulated industries such as Automotive, Food & Beverage, Oil & Gas, Aviation and Manufacturing. With key clients situated throughout the UK, EU, US, Middle East and Asia Pacific regions. AuditComply has combined the comprehensive enterprise workflow with the speed and ability to deploy a mobile-first app. Enterprise customers select us because we deliver value on day one. We embrace change seamlessly to meet their daily needs, promote visibility, reduce costs and drive operational efficiencies whilst anticipating and managing enterprise risk. Deliver engaging reports with dynamic risk scoring, summaries, control matrices & more.

SecurityScorecard has been recognized as a leader in cybersecurity risk ratings. Download now to see the new cybersecurity risk rating landscape. Understand the principles, methodologies, and processes behind how our cybersecurity ratings work. Download the data sheet to learn more about our security ratings. Claim, improve, and monitor your scorecard for free. Understand your vulnerabilities and make a plan to improve over time. Get started with a free account and suggested improvements. Gain a holistic view of any organization's cybersecurity posture with security ratings. Leverage security ratings for a variety of use cases, including risk and compliance monitoring, M&A due diligence, cyber insurance underwriting, data enrichment, and executive-level reporting.

Automated risk assessments tuned to match your risk appetite. Get the intimate risk performance assessments you need to efficiently manage your third-party risk. RiskRecon’s deep transparency and risk contextualized insights enable you to understand the risk performance of each vendor. RiskRecon’s workflow enables you to easily engage your vendors to realize good risk outcomes. RiskRecon knows a lot about your systems. Know what RiskRecon knows. Get continuous objective visibility of your entire internet risk surface, spanning managed, shadow and forgotten IT. RiskRecon knows a lot about your systems. Know what RiskRecon knows. Get continuous objective visibility of your entire internet risk surface, spanning managed, shadow and forgotten IT. See the intimate details of every system, the detailed IT profile and security configuration. We’ll even show you the data types at risk in every system. RiskRecon’s asset attribution is independently certified to 99.1% accuracy.

Don’t struggle with 1000s of vulnerability smoke signals from your security tools. Aggregate feeds from your cloud, on-premises, and bespoke apps, and combine them with feeds from your security tools, to continuously measure the control effectiveness and operational status of your entire IT environment. Map control assurance to business impact to assess which gaps to prioritize and remediate. Use AI and API-driven automation to accelerate and simplify first-party, third-party, and nth-party risk assessments. Automate document analysis and receive contextual, reliable information. Run frequent, programmatic risk assessments on all your internal and third-party applications to eradicate the risk of one-time or point-in-time evaluations. Take your risk register from manual spreadsheets to programmatic, predictive risk assessments. Monitor and forecast your risks in real-time, enable IT risk quantification to prove financial impact to the board, and prevent risk instead of managing it.

Ceeyu identifies IT and network vulnerabilities for your company and your supply chain (Third Party Risk Management or TPRM) by combining automated digital footprint mapping, attack surface scanning and cybersecurity risk analysis, with online questionnaire-based risk assessments. Uncover your external attack surface and proactively detect and manage cyber security risks. A growing number of security incidents start from digital assets of your company - traditional network devices and servers, but also cloud services or organizational intelligence - that can be found on the Internet. Hackers make use of these elements in your digital footprint to penetrate your company’s network making firewalls and anti-virus systems less effective. Identify cyber security risks in your supply chain. A growing number of cyber-attacks and GDPR incidents can be traced back to third parties with whom you share data or are digitally interconnected.