Third-Party Risk Management (TPRM) Services
Your suppliers, SaaS providers and partners can expose your data and operations. Skytech Enterprise builds and runs third-party risk management programmes that identify critical vendors, assess their security, and keep oversight evidence ready for auditors and regulators in the UAE and USA.
Third-party risk management at a glance
Who this is for
CISOs, procurement, compliance and risk teams responsible for supplier oversight.
When you need this
A vendor breach, an audit finding on supplier oversight, a new regulation, or rapid growth in SaaS and outsourcing.
Delivery model
Programme design project, with optional ongoing vendor assessments delivered as a managed service.
What is third-party risk management?
Third-party risk management (TPRM), also called vendor risk management, is the process of identifying, assessing, monitoring and reducing the risks that suppliers and service providers introduce. Cyber risk is usually the biggest component: a vendor with access to your systems or data can become the entry point for a breach.
Frameworks such as NIST CSF 2.0 (the Govern function and supply chain risk management category), ISO 27001 Annex A and SOC 2 all expect documented supplier oversight.
What our TPRM service includes
- Vendor inventory and tiering – identify every third party and rank them by data access, system access and business criticality.
- Assessment methodology – risk-based questionnaires, evidence requests and review of SOC 2 or ISO 27001 reports.
- Contract security clauses – minimum security requirements, breach notification and right-to-audit terms.
- Onboarding and offboarding workflow – security review before contract signature and access removal at exit.
- Continuous monitoring – reassessment cycles and monitoring of high-risk vendors, supported by digital risk protection.
- Reporting – vendor risk dashboards for leadership and audit evidence packs.
How we build your TPRM programme
- Discover – build the vendor inventory from finance, procurement and identity data.
- Tier – classify vendors as critical, high, medium or low risk.
- Assess – assess critical and high-risk vendors first.
- Remediate – agree remediation actions or compensating controls.
- Operate – embed the process in procurement and run reassessments on a schedule.
Read our guide: How to build a third-party risk management program in 7 steps.
Common problems we solve
- No complete list of vendors or the data they hold.
- Questionnaires sent but never reviewed.
- Audit findings on supplier oversight for SOC 2, ISO 27001 or regulators.
- Vendors keeping access long after contracts end.
Why choose Skytech Enterprise
- Practical, risk-tiered programmes that procurement teams can run.
- Experience with SOC 2, ISO 27001, HIPAA and UAE regulatory expectations.
- Option to outsource vendor assessments to our analysts.
- Integrated with vCISO and audit evidence services.
Related cybersecurity services
- All cybersecurity services
- Security Questionnaire & Vendor Risk Response – when your customers assess you.
- SOC 2 Readiness
- ISO 27001 Implementation
Third-party risk management FAQs
Common questions about vendor risk programmes.
What is the difference between TPRM and vendor risk management?
The terms are often used interchangeably. Third-party risk management is slightly broader and can include partners, distributors and affiliates as well as vendors.
Which vendors should we assess first?
Start with vendors that hold sensitive data, have access to your systems, or would disrupt operations if they failed. These are usually tiered as critical or high risk.
Is a vendor SOC 2 report enough?
A SOC 2 Type 2 report is strong evidence, but you still need to check its scope, exceptions and the complementary user entity controls you are responsible for.
How often should vendors be reassessed?
Critical vendors are typically reassessed annually, with continuous monitoring in between. Lower-risk vendors can be reviewed every two to three years.
Can you run vendor assessments for us?
Yes. We can operate the programme as a managed service, assessing vendors and reporting results to your team.
Get control of your vendor risk
Talk to Skytech Enterprise about building or running your third-party risk management programme.