THIRD PARTY RISK MANAGEMENT
The interconnected nature of today’s industries means that incidents rarely affect just one organisation. Instead, these events ripple through entire ecosystems, causing widespread disruptions that impact multiple sectors. Considering Cyber and Information Security, the breaches and ransomware attacks of 2025 highlighted systemic vulnerabilities, demonstrating how third-party and fourth-party dependencies amplify risks across industries. Whilst Cyber and Information Security represent a significant focus for most organisations, other critical domains such as Compliance & Regulatory Risk, Data Privacy and ESG (as examples) should form part of a modern TPRM programme.
Endida’s Third Party Risk Management as a Service (TPRMaaS) delivers a comprehensive, technology driven approach to third-party risk management, combining advanced risk intelligence with managed services expertise to safeguard your organisation against the ever evolving landscape of external partner risks. By integrating cutting edge technology with deep domain expertise, we provide seamless cost effective efficiency and control over your third-party relationships, helping you protect your organisation and improve resilience.
Our TPRMaaS delivery models include:
- Fully Managed Services: Complete outsourcing of your risk management programme.
- Co-Managed: Collaborative approach augmenting our resources with your team.
- Platform Advisory: Technology enabled self service with expert guidance.
Managing third party risk has grown significantly more complex. Threats targeting supply chains are increasing in frequency and sophistication, while regulatory requirements for vendor oversight continue to expand. Conventional risk management frameworks lack the agility and scalability required to address these challenges effectively. At Endida we’ve assembled an integrated and automated multi-platform approach, combining expert led services and proven methodologies to deliver enterprise scale vendor risk management without the enterprise scale overhead!
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Discover how Endida’s comprehensive TPRMaaS can transform your third-party risk management programme.
Next Steps:
- Schedule a consultation – Discuss your TPRM challenges and objectives
- Platform demonstration – See our platforms in action
- Pilot programme – Test the platforms with a subset of critical vendors
- Full deployment – Implement comprehensive TPRMaaS across your vendor ecosystem
For more information and pricing please contact us.
One of Our Platforms - Black Kite
Black Kite provides a multidimensional view of cyber third party risk. Black Kite gives organisations a comprehensive, real-time view into cyber third party risk so they can make informed and proactive risk decisions that help avoid business disruption, building resilience within their supply chain. With one of a kind, collaboration capabilities, organisations can work directly with their vendors to report, mitigate, and minimise risk, improving their own resilience as well as their vendors’ organisations.
Cyber Rating
Gain an easy-to-understand, trustworthy snapshot of your supply chain risk by visualising defensible intelligence in the form of a letter grade. Black Kite utilises industry-standard MITRE frameworks to convert technical data into digestible findings – allowing successful communication of risk to senior stakeholders.
Supply Chain
Your organisation is only as secure as its weakest supplier. Attackers are shifting their focus to the weakest points in your supply chain, which can have disastrous cascading impacts back to your organisation.
Compliance
Black Kite Transforms third-party compliance assessments with automation, saving companies days’ worth of manual effort.
Streamline compliance assessment process and get the information you need on the gaps in compliance all in one place.
Ransomware Susceptibility Index
Understand which vendors are most prone to ransomware with a tool that calculates event susceptibility within minutes. The Black Kite RSI™ follows a process of inspecting, transforming, and modeling data collected from a variety of OSINT sources (internet wide scanners, hacker forums, the deep/dark web and more).
Financial Impact
Using the Open FAIR™ model, Black Kite calculates the probable financial impact (risk) to your organisation in the case of a cyber breach. Open FAIR™ is the only international standard Value at Risk (VaR) model for cybersecurity and operational risk.
Technical Rating
The Black Kite Technical Rating provides easy-to-understand letter grades and defensible data details behind 20 risk categories. The non-intrusive report passively evaluates third parties, and does not touch an organisation’s systems or network assets.
Black Kite believes in a better way. One where security and business professionals have scalable tools that provide trustworthy and complete data illuminating cyber ecosystem risk so they can improve business resiliency.
Distribution of "Known" Attack Methods that Caused Data Breaches on Third Parties
67%
Ransomware remained one of the most disruptive cyber threats in 2024, accounting for 67% of known attack methods. Third-party vendors were frequently used as entry points to infiltrate larger ecosystems, enabling attackers to create cascading disruptions that affected multiple organizations downstream.
15%
Software vulnerabilities continued to pose significant risks in 2024, including the exploitation of zero-day vulnerabilities. The first half of 2024 alone saw 53 zero-day vulnerabilities identified and actively exploited.
42%
One of the biggest risk multipliers for a vulnerability is the presence of a publicly available PoC exploit. In 2024, 42% of the vulnerabilities analysed by BRITE had publicly available PoC exploits, significantly reducing the technical barrier for cybercriminals. When an exploit is available, attackers can quickly integrate it into malware, ransomware, or botnets, allowing rapid and large-scale exploitation.
Get in touch to find out how we can help you today
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