Today's Challenge
for Vendor Managers

  • Vendors answer questionnaires and provide policy documents in a way that gets them approved
  • Vendor management has the obligation to Trust but Verify that information
  • VM platforms do not fully evaluate vendor related risk
  • Vendor management has limited time and resources to evaluate and manage risk

The Solution
Why Venture Lynk

  • Venture Lynk provides risk evaluation, identification, and remediation functions
  • We are not a VM platform provider. We are a service provider
  • Venture Lynk can replace or support your cyber, information security, and financial health risk analysis
  • Little to no implementation cost or staff training is required
  • We can immediately start work within your existing VM platform
  • This means we can start directly monitoring risks constantly and daily on Day 1.

Vendor Risk Management

Venture Lynk helps regulated industries evaluate the supply chain and personal private information risk presented by the company’s vendors and suppliers. These services can be deployed in consumer-centric industries such as mortgage lending and servicing, retail/consumer sales, healthcare, public/private utility, and financial services to name a few. Venture Lynk focuses on industries that have dynamic and extended supply chains that depend on vendors that may or may not touch Protected Private Information (PPI).
"63% of breaches originate from hacked 3rd parties  Data Risk in the Third-Party Ecosystem"
- Ponemon Institute, 2018

Services

• Information Security Risk Reviews
Determine the deficiencies of a vendors info sec policy
• Constant Daily Cyber Risk Monitoring
Discover vendor vulnerabilities that could endanger your security or service delivery
• Financial and Business Health Risk Monitoring
Proactively identify vendor financial risk before it’s too late
• Financial and Business Risk Evaluation
Evaluate existing and applicant vendors to prevent surprises later
• COMING SOON!! - Remote Access Cyber Security Service (RACCS)
Constantly monitor the system access of remote workers
• Contract Analysis and Lease Abstracting

Selected Recent Transactions

Loan Depot Logo

Contract with Vendor Management group for vendor risk evaluation and monitoring through delivery of the following services.

  • Information Security risk reviews
  • Analyze BCP, BIA, SOC 1 and 2 reports
  • Continuous Daily Cyber Risk Security Monitoring
  • Business and Financial risk reviews
  • Vendor Contract and Lease risk reviews
  • Staff Augmentation for the vendor management team
  • Continuous daily vendor financial health monitoring
  • Data migration support

Customer Testimonials

"By partnering with Venture Lynk we have been able to become 'proactive' in our risk posture with our existing vendors and have greater visibility in managing risk when selecting vendors to work with, helping us strive to create a 'best in class' vendor risk management platform."
Dion Davis, Vice President, Vendor Management, loanDepot

Information Security Risk Review

  • Analysis of vendor SOC reports
  • Analysis of vendor BCP
  • Analysis of supporting info sec policy supporting documentation
  • Identify vulnerabilities that could endanger continuation of supply chain delivery
  • Info sec policy Gap identification
  • Remediation and policy change recommendations
  • Suggested questions to ask vendor
  • Key items to monitor

Got Questions? We Can Help!

Schedule a Call

Constant Daily Cyber Risk Monitoring

1. Monitor
Monitor each vendor public and each remote staff IP addresses
2. Evaluate
Produce A to F risk scorecard
3. Identify Vendors
Identify most vulnerable vendors
4. Identify Risk Exposure
Use Open FAIR model to identify risk exposure in financial terms 
5. Assess
Asses the compliance level of your vendor to reduce 3rd party risk
6. Recommend
Recommendations on how to remediate 
7. Verify
Verify vendor remediation

Cyber Risk Monitoring

VLC will function as Mission Control for the clients Cyber Security Risk Monitoring efforts. All reporting, alerts, and platform functionality will be designed and customized to the needs of the client’s vendors by VLC. A one-hour debriefing meeting will occur every Monday or every other Monday depending on market conditions. At the debriefing meeting, VLC will review immediate threats and potential threats in addition to providing remediation suggestions for all identified threats. This service level will allow client IT leadership and staff to maintain the necessary capacity for all other IT related responsibilities while also maintaining constant monitoring of the cyber security threats unknowingly created by the client’s vendors.

Remote Access
Cyber Security Services

  • Scan Remote Users - identify if a remote worker's machine is infected with malware, or has botnet activity, has out-of-date system patches
  • Prevent Unauthorized Entry - detect if there any exploitable vulnerabilities on the remote workers machine and identify any repeated attempts by an adversary to gain access to your application
  • Non-Invasive and Permissible - the application sits within your proprietary network and tracks incoming users along with the network they are using
  • Full Coverage – monitor enterprise and vendor remote workers that access your network

Financial and Business Risk Evaluation

VLC will function as Mission Control for the clients Cyber Security Risk Monitoring efforts. All reporting, alerts, and platform functionality will be designed and customized to the needs of the client’s vendors by VLC. A one-hour debriefing meeting will occur every Monday or every other Monday depending on market conditions. At the debriefing meeting, VLC will review immediate threats and potential threats in addition to providing remediation suggestions for all identified threats. This service level will allow client IT leadership and staff to maintain the necessary capacity for all other IT related responsibilities while also maintaining constant monitoring of the cyber security threats unknowingly created by the client’s vendors.

Get my Vendor Risk Management Flyer

Download Now

Automated Service Delivery

Constant cyber risk security risk monitoring (API Integration?)
  • Weekly debriefs from Venture Lynk Mission Control
  • Identify and recommend specific steps so your vendors can remediate problems quickly
Business and financial risk evaluations of all tier 1 vendors
  • Get weekly alerts of critical changes impacting your vendors
  • Provided reports showing quarterly business and financial trends to see the bigger picture

Benefits of
Monitoring Your Vendors

  • Regulatory compliance
  • Easier preparation for and higher performance in regulatory audits
  • Internal capacity creation for vendor risk management and IT teams by using a vendor risk management specialist
  • Establishing a proactive posture towards vendors to ensure ongoing compliance with your standards
  • Early warning system to detect business, financial and cybersecurity risks so action can be taken to mitigate and protect your supply chain

Join Our Newsletter

News for emerging organizations.

SUBSCRIBE