Compliance & Security

Third-Party Risk Management (TPRM)

Your security posture is only as strong as your least secure vendor with access to your environment. Third-party breaches are among the most common sources of data exposure for growing organizations — and most do not discover the risk until after the breach. A formal third-party risk management program identifies which vendors carry material risk and ensures they meet the security standards your organization and your compliance frameworks require.

About This Service

Elevaire builds and manages third-party risk programs scaled to your vendor landscape and compliance requirements. We inventory your vendors, tier them by access level and data sensitivity, design the assessment process, manage questionnaire campaigns, track remediation of identified gaps, and put the contract language and ongoing review cycle in place that keeps the program current as your vendor relationships change.

What We Deliver

Third-Party Risk Management (TPRM)

Vendor inventory development: full catalog of third parties with system access or data handling responsibilities
Risk tiering framework: vendor classification by access level, data sensitivity, and business criticality
Security questionnaire design or standardized framework adoption (SIG Lite, CAIQ, custom)
Annual vendor assessment campaign management: questionnaire distribution, follow-up, and response review
On-site and remote vendor security assessment coordination for high-tier vendors
SOC 2 report and ISO 27001 certificate collection and review process
Remediation tracking: identified gaps, vendor commitments, and resolution verification
Contract security language review: data processing agreements, security addenda, and breach notification requirements
Vendor risk register design with ownership, tier, last assessment date, and open finding tracking
Ongoing monitoring design: news alerts, breach notification tracking, and periodic reassessment triggers
TPRM compliance documentation for SOC 2 CC9.2, ISO 27001 Annex A.15, and HIPAA Business Associate requirements

Key Outcomes

Full visibility into which vendors carry material risk to your environment and data
Vendor security requirements enforced through contract language and regular assessments
SOC 2, ISO 27001, and HIPAA third-party control requirements demonstrably met
Vendor risk register maintained as an active management tool rather than a point-in-time list

Related Services

Often Paired With

Virtual CISO (vCISO) Services

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IT Vendor Management

Stop renewing contracts you have not read and start getting value from every vendor relationship.

Compliance Documentation & Evidence Automation

Automate evidence collection and audit prep. Turn weeks of manual work into hours.

Ready to Get Started with Third-Party Risk Management (TPRM)?

Let's start with a conversation about your specific challenges. We'll identify the right approach for your organization.

Schedule a Consultation