THIRD PARTY
RISK MANAGEMENT
(TPRM)

Relying on third parties to support your core operations is easier and more feasible than ever.

The trouble is, they often process sensitive or personal information on your behalf, potentially exposing your business to risk.

In short, you call us. Using a simplified and practical approach, our consultants help you identify your actual risks quickly and cost-effectively, ensuring efforts are focused in the right place. Your tailored Third Party Risk Management programme also allows you to easily assess all your future third-party relationships, continually empowering you to make the right choices about who you work with.

What’s more, our services are fully supported by a powerful technological edge. Triplicity, our flagship cloud software, can facilitate the entire process effortlessly, giving you a single tool for everything from third-party profiling and risk assessment right through to managing remedial controls.

THE MOBIUS ADVANTAGE

APPROACH

  • Identify and manage your actual risks quickly and holistically
  • Apply appropriate level of security based on risk presented by the third party
  • Strategically assess your present and future third parties
  • Remotely assess third parties worldwide

RESULTS

  • Information risk protection
  • Regulatory compliance
  • Greater efficiency
  • Improved cost-effectiveness
  • Improved business relationships

EXPERTISE

  • Consulting: set up processes
  • Managed services: run functions on your behalf
  • Technology: automate processes with Triplicity software
  • Training: equip you to manage third-party risk independently
  • Certification in European Privacy Law (CIPP/E)
  • Certification in Risk and Information Systems Control (CRISC)
  • Certified Information Security Manager (CISM)
Third Party Risk Management Approach

MANAGED
SERVICE OFFERING

A Holistic Management Solution Against Third Party Risk.

Mobius Consulting is made up of highly skilled individuals with both the credentials and the experience to help you identify, manage and mitigate your Third Party Risk.

We offer Third Party Risk Management (TPRM) as a managed service to help you safeguard your corporate information.

Using a simplified and practical approach, our consultants help you identify your Third Party risks quickly and cost-effectively, ensuring efforts are focused in the right place.

 

TPRM
MATURITY SERVICES

With the increase in third party related data breaches each year, Third Party Risk Management (TPRM) is now seen as a key strategic business objective. Organisations are changing how they approach TPRM to minimise the repercussions which include but are not limited to fines, reputational damage and financial loss.

Our approach focuses not only on managing risk, but elevated TPRM maturity services that assist with identifying areas of improvement across TPRM capabilities to achieve the desired level of maturity. Our approach assesses your organisation’s TPRM against four key pillars – governance, people, process, and technology.

TPRM RESOURCES
DOWNLOADS

PROJECTS

CYBER SECURITY AUDIT SERVICES

The Mobius Cyber Security team recently completed a Cyber Security audit for a leading asset management client in the financial services industry. The objective of the project was to provide independent assurance on the adequacy and effectiveness of key Cyber Security controls in the environment. The project included an assessment of the organisations Cyber Security […]

CYBER RELATED THIRD PARTY RISK

A leading bank needed to understand the level of cyber related risk that Third Parties and Cloud Service Providers introduced into their business, and also wanted to understand how to mitigate these risks. Mobius assisted the bank by designing and developing a Third Party Cyber Risk Management (TPCRM) approach that was tailored to their unique […]

ASSESSING HIGH-RISK PARTIES FOR A PREMIUM FINANCIAL SERVICE GROUP

Mobius Consulting is assisting a premium financial service group in assessing their high-risk Third Parties cyber security control environment. The primary objective is to identify, profile according to the risk and then assess high-risk third parties in order to identify, log and ultimately help mitigate third party risk. Each new and existing Third Party is […]

ARTICLES

HOW DO THE OUTCOMES OF THIRD PARTY RISK MANAGEMENT INCREASE REGULATORY COMPLIANCE IN SOUTH AFRICA?

    WHAT ARE THE COMPLIANCE DRIVERS FOR THIRD PARTY RISK MANAGEMENT IN SOUTH AFRICA   The world has officially arrived in the age of information, with an ever-increasing amount of company, client and customer data at our fingertips. The increasing amounts of available information raises the need for organisations to take more responsibility for […]

KNOW AND MANAGE YOUR SUPPLIER SECURITY RISK DURING COVID-19-19

With Lee Bristow from Phinity Risk Solutions and Malcolm Parker, Senior Managing Consultant at Mobius Consulting.     Manage your Supplier Security Risk    The novel Coronavirus has created a number of challenges for society and most organisations are not well prepared to cope with this pandemic and the impact that it has on their trade. […]

CORONA VIRUS AND WORKING REMOTELY

4 CRITICAL RISKS FOR A COMPANY TO MANAGE   Coronavirus poses a risk to humanity, possibly the greatest risk to our physical health that many of us have faced in our lifetime, and at the same time, unethical cybercriminals are using the pandemic as an opportunity to increase hacking attempts and phishing attacks. In order […]