What are Vendor Assessments?

ECI Vendor Assessments provide an in-depth review of the cyber security maturity of your third-party vendors. We help you safeguard your entire technology ecosystem by enabling you to understand the level of risk associated with using a certain third party vendors product or service.

Vendor Assessment benefits
Vendor Assessments play a role as part of wider governance, risk and compliance efforts to ensure your firm can remain secure, maintain business continuity, and aligned with regulatory requirements (including SEC frameworks and GDPR rules). Through our assessments, we can help your firm to quickly and more easily mitigate third (and fourth) party risks—rather than waiting for the worst to happen.

Solution highlights

• Improve operational continuity
• Find the areas where you could be most exposed
• A cost-effective approach to vendor assessments
• Aid the development of actionable plans to mitigate risk

Greater visibility of vendor security – and their weaknesses
Our reports show the maturity of your vendor’s security regimes and which areas need to be improved across 12 critical best practice security principles.

Identify the those who could impact you most
Understand which vendors have access to your critical or PII data and the level to which your firm’s ability to operate could be disrupted if they were to be compromised.

Find security gaps you weren’t aware of
With greater visibility of the potential risks posed by your third party vendors and applications, this allows precise focus on where you might need remediation.