Third Party Risk Management

Your organisation is only as secure as its weakest supplier. With attackers increasingly exploiting supply chains, third party risk management has become a board-level priority. Vendors, partners, and service providers often have access to critical systems or sensitive data, yet their security practices are outside of your direct control.

Parabellum’s Third Party Risk Management service helps organisations identify, assess, and manage risks introduced through suppliers and partners. We conduct third party risk assessments to evaluate vendor security posture against leading standards, reviewing policies, controls, certifications, and technical safeguards. Where gaps exist, we provide clear recommendations for remediation or contractual reinforcement.

Beyond assessments, we design and implement ongoing vendor risk management programs. These establish repeatable processes for onboarding, due diligence, continuous monitoring, and periodic reassessment. Our approach ensures alignment with frameworks including ISO/IEC 27001, NIST CSF, CIS Controls, SOC 2, the ASCS Essential Eight, and APRA CPS 230 and 234.

The outcome is confidence: a resilient supply chain with risks identified, monitored, and managed, and assurance that your organisation is not exposed through the weaknesses of others.

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