Strengthening Security Across Your Supply Chain

Vendor Cybersecurity & Third-Party Risk Management

Your cybersecurity posture is only as strong as your weakest link, and third-party vendors often introduce significant risk. 81% of organizations reported being negatively impacted by cyber breaches in their supply chain, with an average of 3.7 incidents over the past year. Organizations face vulnerabilities that can lead to compliance violations, data breaches, and operational disruptions without a structured approach to vendor security management.

Let Procellis help ensure your vendors adhere to the same stringent high-security standards as your internal operations.

Vendor Cybersecurity Management Services

Our services are customized to meet any cybersecurity framework or compliance requirement. Organizations benefit from:

✅Onboarding to offboarding vendor security management.
✅Enforceable vendor compliance frameworks tailored to regulatory requirements.
✅Continuous risk monitoring.
✅Reduced supply chain risks and improved regulatory compliance.

Define Vendor Security & Compliance Requirements

We will work together to define cybersecurity and compliance requirements for your vendors, ensuring they align with your organization’s security policies and industry regulations. Our team helps you develop a structured Vendor Cybersecurity Management Program that includes:

🔹Clearly defined security requirements vendors must meet.
🔹Communication strategies to ensure vendors understand compliance expectations.
🔹Procedures for enforcing security controls and tracking vendor performance.
🔹Reporting structures for ongoing vendor compliance oversight.

By setting clear and enforceable security expectations, your organization can confidently engage vendors while mitigating third-party security risks.

Contract Policy & Security Alignment

A robust vendor security framework begins with clearly defined contracts and policies. Procellis assists you in formulating vendor agreements that incorporate comprehensive cybersecurity requirements, ensuring that third-party providers comply with stringent security standards.

Our team will:

🔹Develop vendor cybersecurity policies that outline specific security requirements vendors must meet.
🔹Define supplier security expectations, ensuring vendors enforce security measures throughout their supply chain.
🔹Establish processes for regularly reviewing and updating vendor security requirements to keep pace with evolving threats and regulatory changes.

By incorporating cybersecurity into vendor contracts, your organization can ensure vendors are responsible for upholding robust security practices across the supply chain.

Vendor Evaluation & Risk Assessments

A strong vendor approval and risk assessment process is essential for maintaining security. Procellis assists organizations in implementing a structured third-party risk assessment program to evaluate both new and existing vendors, ensuring their security measures comply with standards before entering into business agreements.

We'll establish a repeatable, risk-based evaluation process that includes:

🔹Security assessments to evaluate vendors' cybersecurity controls and adherence to compliance frameworks.
🔹Classification of vendor risk levels based on the sensitivity of the data they access or handle.
🔹Defined reporting and inspection cadences to ensure vendors remain compliant over time.
🔹Incident-triggered assessments to re-evaluate vendors in response to security events, breaches, or operational changes.

Integrating vendor security assessments into your risk management program gives youfull visibility into third-party cybersecurity risks while maintaining compliance with regulatory requirements.

Ongoing Vendor Compliance Monitoring

Cybersecurity is not a one-time event; it requires ongoing oversight to ensure vendors maintain compliance and adapt to evolving security threats. We'll help you set up continuous vendor compliance monitoring systems to track security posture and identify emerging risks proactively.

Our vendor monitoring framework includes:

🔹Ongoing security performance monitoring through regular audits, assessments, and compliance reviews.
🔹Defined reporting cadences and corrective action processes for non-compliant vendors.
🔹Proactive reassessments in response to security incidents or operational changes.
🔹Validating supply chain security by ensuring vendors uphold cybersecurity standards with their subcontractors and suppliers.

By implementing ongoing monitoring and compliance tracking, your organization remains proactive against potential security risks while maintaining a high level of vendor security accountability.

Vendor Offboarding & Secure Termination Procedures

When a vendor relationship ends, poor offboarding can make your organization susceptible to data loss, unauthorized access, and compliance risks. We will ensure that vendors are securely decommissioned while safeguarding your sensitive information.

We create organized procedures for vendor offboarding that:

🔹Remove vendor access to all systems, applications, and sensitive data.
🔹Make sure that vendors follow data retention and destruction policies according to contractual agreements.
🔹Securely transfer or delete shared sensitive data to prevent unauthorized access.
🔹Record offboarding actions to ensure compliance and audit readiness.

Formalizing vendor offboarding procedures allows your organization to mitigate lingering security risks and control sensitive information even after vendor relationships have concluded.