Crossword Cybersec - Rizikon Assurance 2.0
New Rizikon Assurance 2.0 empowers companies to take control of
Every day new data breaches, CSR embarrassments and regulator fines are announced due to supplier failings, despite third-party risk being recognised as a necessary top ten corporate focus for 2019.
Rizikon Assurance 2.0 is designed to address this issue once-and-for-all - with Creditsafe integration, 360-degree Supplier Scorecards and a world-first Assurance Framework Dashboard showing a complete view of supply-chain risk.
Every day there is a new report of a third-party (often a supplier) causing financial, reputational
or regulatory harm to a company - this could be a data breach, an issue with child labour, a missed delivery date, or a safety problem. Rizikon Assurance helps companies address the pressure from Regulators, Auditors, Compliance professionals and customers to improve third-party assurance & risk management. It supports the Rizikon Supplier Assurance Framework, an optional, technology independent, methodology for organising, managing and measuring third-party risks.
Rizikon Assurance helps organisations take control of third-party risk with secure online assessments in their own branded portal, automated assessment scoring and workflows. Both standard and customised assessments are securely sent to third parties, once submitted online they are automatically scored, and can be manually rescored by 'Assessors', who can flag answers and return them for more detail or improved responses. Procurement and Supplier managers and executives can then instantly use data to understand the risks associated with that supplier, a specific risk area, or across the whole business.
Rizikon Assurance 2.0 is now fully integrated with data sources from
360o risk visibility for each third-party
New Rizikon Assurance Scorecards allow customers to see all risks for each third-party with combined risk information from the Assessments they have completed on multiple topics, as well as data from
Understand third-party risks and where they are concentrated
The industry-first Assurance Framework Dashboard gives executives and risk professionals a top-level view of all Risk across all third parties, organised by 'Impact levels'. It allows them to very quickly focus on high 'criticality' third parties needing the most attention and drill-down into those risks. The dashboard also highlights where assurance information gaps exist, which may leave a company exposed.
Rizikon Assurance comes with a growing library of standard assessments that organisations can use to support third-party assurance covering areas including Cyber Security, Modern Slavery, Anti Bribery & Corruption, GDPR and Minimum Wage legislation. These can be combined with customised assessments based on a customer's own tried and tested question sets.
Delivered as a SaaS platform, the installation and hosting, maintenance, support and security of Rizikon Assurance is taken care of by the
A brochure outlining the features and benefits of Rizikon Assurance 2.0 can be downloaded at https://www.rizikon.io/s/RA2.pdf
Email: [email protected]
Tom Ilube, Chief Executive Officer
For media enquiries contact:
[email protected], 01932 485 300
This information is provided by RNS, the news service of the
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