Third-party risk management

Connect with us

All businesses rely on third-party service providers, and third-party risk management (TPRM) has never been more important than it is today. In fact, regulated industries like financial services and healthcare have long been required to test and report on the effectiveness of their vendor risk management programs.

In-house security teams need to be able to create information security standards for suppliers, identify and classify vendors according to risk, and update contracts to ensure cyber issues are properly addressed.

What is third-party risk management?

Our TPRM program design and development service helps you define the foundational concepts for starting a TPRM program from scratch. We’ll help you:

Build a core team.
Complete a full inventory of third-party contractors.
Collect and standardize contracts.
Define vendor security requirements.
Select and implement TPRM software.
Implement, measure and report TPRM results to executive management.

Through our TPRM services, we can also assist you with customizing a vendor security questionnaire, analyzing and scoring responses, and working with your vendors on remediation activities. In addition, our assessors can perform on-site audits for third parties that require the extra level of assurance provided by inspection.

We bring efficiencies and cost savings to the vendor risk management lifecycle
TPRM maturity assessments; Unsure about the effectiveness of your TPRM program? Trust us to provide a quick analysis of your program and a peer-to-peer comparison.


TPRM advisory: Are you seeking incremental TPRM expertise and capacity? Do you need to update and expand your program to meet new requirements? Are you getting started with a vendor relationship management (VRM) program? We can help design and implement key elements of your program or help you build it from the ground up.

Why choose Coalfire for third party risk advisory?

Since our founding in 2001, Coalfire has established itself as a pure-play, vendor-neutral cybersecurity advisory firm serving as a trusted advisor to executives, legal counsel, compliance managers and security practitioners across numerous industries.
We are skilled communicators who present our findings in business terms for truly actionable insights.

Every project is led by a credentialed, industry-savvy senior director and supported by consultants armed with the methodologies, proven proprietary frameworks, insights and know-how.
We help you simplify your compliance processes by getting to know your business, helping you understand the regulations, and leveraging efforts across different frameworks.

Featured resources

Third party risk management - A path to a program

white paper

Third-party risk management support

data sheet

No results.

About
- Quality management
- Richard E. Dakin Fund
Since 2001, Coalfire has worked at the cutting edge of technology to help public and private sector organizations solve their toughest cybersecurity problems and fuel their overall success.

Coalfire helps organizations comply with global financial, government, industry and healthcare mandates while helping build the IT infrastructure and security systems that will protect their business from security breaches and data theft. The company is a leading provider of IT advisory services for security in retail, payments, healthcare, financial services, higher education, hospitality, government and utilities.

The Coalfire Board of Directors provides invaluable guidance for the organization and reflects Coalfire’s dedication to achieving success for our customers.

Coalfire is committed to creating a culture that fosters diversity, inclusion, belonging, and equity.

Coalfire’s executive leadership team comprises some of the most knowledgeable professionals in cybersecurity, representing many decades of experience leading and developing teams to outperform in meeting the security challenges of commercial and government clients. With diverse backgrounds in IT systems security, governmental security, compliance, and reducing risk while implementing the latest enabling technologies (such as the Cloud and IoT), our leaders understand the challenges customers face.

Security is a team game. If your organization values both independence and security, perhaps we should become partners.

With a passion for quality, Coalfire uses a process-driven quality approach to improve the customer experience and deliver unparalleled results.

Created in honor of the late co-founder of Coalfire, the Richard E. Dakin Fund at The Denver Foundation is supporting scholarship programs at several universities for promising college students studying cybersecurity and related fields.
Solutions
Move forward, faster with solutions that span the entire cybersecurity lifecycle. Our experts help you develop a business-aligned strategy, build and operate an effective program, assess its effectiveness, and validate compliance with applicable regulations.
Cloud security maturity
Adopt our cloud security model as a safeguard

Accelerated Cloud Engineering
Streamline cloud development with compliant-ready environments

Infrastructure as Code development
Build in cybersecurity right from the start
Cyber performance review
Secure your cloud and IT perimeter with the latest boundary protection techniques

Product applicability guides
Increase customer confidence by promoting your security story

Secure CI/CD
Successfully incorporate security into your DevOps program
Security operations and cyber dashboards
Make smart, strategic, and informed decisions about security events
A next-generation cybersecurity solution for managing compliance, assessments, and risk more easily and efficiently.
Attack surface management
Providing you unparalleled visibility into your security posture

Scanning services and support
Confirm system protection by quickly and easily running internal and external scans

Penetration testing
Discover and remediate critical vulnerabilities before they’re exploited
Red team exercise
Boost your defenses by simulating a real-world attack

Threat modeling and attack simulation
Maximize security investments and prove their effectiveness

Vulnerability assessment
Strengthen your risk and compliance postures with a proactive approach to security
Strategy+ cybersecurity program assessment
Drive business success through cybersecurity strategy

CISO program management
Strengthen your program by putting our experts to work

Privacy+ data privacy program development services
Turn privacy into a competitive advantage
M&A cyber due diligence
Know what risks you’re facing with a merger or acquisition

Cyber risk assessment
Uncover the risks present in your organization

Healthcare security risk analysis and advisory
Safeguard protected health information and medical devices
Third-party risk management
Hold vendors and partners to your security standards

Cyber breach services
Don’t waste critical response time. Prepare for incidents before they happen.
FastRAMP 360
The comprehensive approach to a smarter, faster, and simplified FedRAMP journey

Accelerated Cloud Engineering services
Reduce the operational burden associated with maintaining your FedRAMP boundary

Scanning services and support
Confirm system protection by quickly and easily running internal and external scans
Security operations and cyber dashboards
Make smart, strategic, and informed decisions about security events
Web application perimeter mapping
Providing you critical visibility and actionable insight into the risk of your organization’s entire external web application perimeter

Secure code review
Equipping you with the proactive insight required to prevent production-based reactions

Program development and implementation
Giving you the ability to drive successful application security implementations across development, security, and operations
Instructor-led AppSec training
Build baseline application security fundamentals inside your development teams with additional education and training resources

Security assessments
Comprehensive testing and assessment of modern, legacy, hybrid, and mobile applications and IoT devices

Developer champion services
Working with you to help reproduce vulnerabilities and provide guidance and input on proposed remediation or mitigation strategies
Application threat modeling
Helping you identify and control threats across your entire application at any stage

ThreadFix
Address your security risks and reduce your time to remediation on one platform
CMMC
Navigate your path to Cybersecurity Maturity Model Certification

DEA EPCS
Simplify and streamline DEA EPCS compliance

DoD RMF
Assess your systems to DoD RMF standards
FedRAMP
Get advisory and assessment services from the leading 3PAO

StateRAMP
Expert guidance and advisory services for CSPs that want to achieve StateRAMP authorization

FFIEC
Reduce IT security risk in financial services
FISMA
Meet your FISMA authorization needs

HIPAA
Protect health data from threats and vulnerabilities

HITRUST
Receive guidance from an original HITRUST CSF Assessor firm
ISO
Build a management system that complies with ISO standards

ITAR and EAR
Understand and address ITAR and EAR security obligations

NIST SP 800-171
Protect controlled unclassified information
PA-DSS/SSF
Validate the security of your payment applications

Payments services
Shape your overall payments program for current and future security

PCI DSS assessments and advisory
Protect cardholder data from cyber attacks and breaches
PCI Forensic Investigator
Suspect a cardholder data breach? Contact us now.

PCI in the cloud
Simplify and optimize PCI compliance in the cloud

P2PE
Secure data as soon as it’s entered into a point device
Reports on compliance
Provide the strongest validation of your PCI program

SOC and attestations
Maintain trust and confidence across your organization’s security and financial controls

White paper services
Demonstrate your commitment to cybersecurity
Spend less time manually correlating results and more time addressing security risks and vulnerabilities.
Industries
While cybersecurity is a priority for enterprises worldwide, requirements differ greatly from one industry to the next. Coalfire understands industry nuances; we work with leading organizations in the cloud and technology, financial services, government, healthcare, and retail markets.

Coalfire can help cloud service providers prioritize the cyber risks to the company, and find the right cyber risk management and compliance efforts that keeps customer data secure, and helps differentiate products.

"Success" at a government entity looks different at a commercial organization. Create cybersecurity solutions to support your mission goals with a team that understands your unique requirements.

The financial services industry was built upon security and privacy. As cyber-attacks become more sophisticated, a strong vault and a guard at the door won’t offer any protection against phishing, DDoS attacks and IT infrastructure breaches.

The continuum of care is a concept involving an integrated system of care that guides and tracks patients over time through a comprehensive array of health services spanning all levels of care. Interoperability is the central idea to this care continuum making it possible to have the right information at the right time for the right people to make the right decisions.

Maintaining network and data security in any large organization is a major challenge for information systems departments. However, in the higher education environment, the protection of IT assets and sensitive information must be balanced with the need for ‘openness’ and academic freedom; making this a more difficult and complex task.

When it comes to cyber threats, the hospitality industry is not a friendly place. Hotels and resorts have proven to be a favorite target for cyber criminals who are looking for high transaction volume, large databases and low barriers to entry.

The global retail industry has become the top target for cyber terrorists, and the impact of this onslaught has been staggering to merchants. To secure the complex IT infrastructure of a retail environment, merchants must embrace enterprise-wide cyber risk management practices that reduces risk, minimizes costs and provides security to their customers and their bottom line.

Private enterprises serving government and state agencies need to be upheld to the same information management practices and standards as the organizations they serve. Coalfire has over 16 years of experience helping companies navigate increasing complex governance and risk standards for public institutions and their IT vendors.

Technology innovations are enabling new methods for corporations and governments to operate and driving changes in consumer behavior. The companies delivering these technology products are facilitating business transformation that provides new operating models, increased efficiency and engagement with consumers as businesses seek a competitive advantage.

Cybersecurity has entered the list of the top five concerns for U.S. electric utilities, and with good reason. According to the Department of Homeland Security, attacks on the utilities industry are rising "at an alarming rate".
Insights
Get valuable insight into what matters most in cybersecurity, cloud, and compliance. Here you’ll find resources – including research reports, white papers, case studies, the Coalfire blog, and more – along with recent Coalfire news and upcoming events.

Written by Coalfire's leadership team and our security experts, the Coalfire Blog covers the most important issues in cloud security, cybersecurity, and compliance.

Find information that can help you approach cybersecurity programmatically. Explore our research reports, white papers, on-demand webinars, videos, case studies, and more.

Stay up-to-date with all things Coalfire. Find upcoming events and webinars. See what’s new with your cybersecurity partner. And read the latest media coverage.

The Coalfire Research and Development (R&D) team creates cutting-edge, open-source security tools that provide our clients with more realistic adversary simulations and advance operational tradecraft for the security industry.
Careers
Contact
- Locations
Search for: