Apptega, a leading platform for security, compliance, and risk management, has unveiled its new Third-Party Risk Manager module. This addition enhances Apptega’s existing Vendor Risk capabilities, offering organizations of all sizes a more advanced way to assess and manage risks posed by partners and vendors. By integrating with Apptega’s Risk Management module, the solution provides a complete, enterprise-wide view of risks across an organization’s entire attack surface, helping to identify vulnerabilities, gaps, and potential threats from third parties.

The Third-Party Risk Manager empowers security teams to enhance their cybersecurity programs by automatically tracking risks in external systems. This visibility allows organizations to address security gaps proactively and align with frameworks such as CMMC, NIST, ISO, and other industry standards. The module also streamlines traditionally manual tasks, from distributing and analyzing vendor questionnaires to automatically prioritizing risks for remediation, integrating third-party insights directly into the broader organizational risk register.

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“Research shows that in 2024, 30% of data breaches originated from third-party systems. Small and mid-sized businesses are four times more likely than large enterprises to experience these incidents,” said Rahul Bakshi, Chief Product Officer at Apptega. “The Third-Party Risk Manager ensures that risk scores are accurate, actionable, and aligned with real-world priorities. By linking vulnerability detection to risk tracking and remediation, organizations gain confidence that vendors are being assessed proactively rather than reactively.”

Key Features of Apptega’s Third-Party Risk Manager include:

  • Centralized Platform Management: Simplifies vendor outreach, questionnaire management, and audit trails for consistent third-party reviews and reporting.
  • Comprehensive Visibility: Identifies high-risk vendors, distinguishes inherent versus residual risks, and produces defensible risk assessments for audits and leadership reporting.
  • Custom Vendor Questionnaires and Scoring: Offers teams flexibility to design questionnaires, define scoring logic, adjust response formats, and add follow-up questions, ensuring that assessments reflect each organization’s risk model.
  • Automatic Scoring and Assessment: Streamlines evaluation with repeatable, objective scoring, providing a clear comparison of vendor security postures.
  • Focused Remediation: Highlights high-impact vulnerabilities and recommends prioritized remediation actions, addressing root causes to reduce repeat risks and strengthen overall security.

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The module also benefits MSPs and MSSPs, enabling them to identify, monitor, and mitigate third-party risks for their clients. By providing a centralized and automated platform, Apptega allows service providers to deliver enhanced security and compliance offerings while helping businesses lacking internal resources manage vendor risk effectively.

“While Fortune 100 companies have long maintained extensive third-party risk programs, mid-market organizations often struggled due to the cost and complexity of existing solutions,” said Rob Lanni, Director and CIO at MSP Vistrada. “Apptega delivers the functionality these organizations need at an accessible price point, offering a practical entry into third-party risk management for businesses of all sizes.”

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