Third-Party Risk Management Solution that Actually Solves the Problem
Leading the Industry in Tech-Enabled Managed Services for Vendor Risk Management & Compliance
CORL’s Flagship Vendor Risk Management (VRM) Solution Provides:
Tech-enabled managed services for Vendor Risk Management, security, and compliance programs
People, tools, process, and proven third-party risk management methodology
Skilled and experienced auditors and consultants
Integration with leading GRCs, third-party risk, and cyber risk scoring solutions
Company and product level assessments
Dashboard reporting on vendor portfolio, assessment, and remediation activities
Dataset of security assessment results for thousands of vendors
World-class workflow engine and playbooks designed from leading VRM programs
Security, privacy, and compliance managed services
Why CORL Technologies?
Bring Technology and Services Together
We combine the strengths of each to deliver validated vendor risk data in a standardized, scalable way.
Focused on Both sides of the Vendor Contract
We strengthen customer-vendor relationships by providing clarity for all.
Beyond Assessments
We empower you to quantify risk, prioritize remediation, and make more informed decisions.
Realizing Vendor Risk Reduction at Scale =
PEOPLE + PROCESS + DATA + TECHNOLOGY
PEOPLE
● Skilled and experienced auditors
● Dedicated to vendor risk management
● Seasoned consultants who communicate effectively across stakeholder groups
● Experienced in tech integration with GRCs, cyber risk scores, etc.
● Knowledgeable in NIST, ISO, and other security risk frameworks
● Technical knowledge to dig deep to expose and resolve vendor security risks
PROCESS
● Obtain, analyze, and report vendor security risk data
● Validate vendor responses and supporting documentation
● Negotiate remediation plans
● Follow up with unresponsive or uncooperative vendors
● Follow up with vendors when information is incomplete
● Investigate cyber risk solution alerts with vendors
● Categorize and prioritize vendor portfolio, assessment, and remediation activities
● Hold vendors accountable for remediation of security risks
DATA
● Actionable data on security risk posture for 79,000+ vendors
● Data analytics for vendor threat analysis and industry benchmarks
● Inside view of vendor security from detailed assessments
● Validated data on vendor security controls implementation
● Dashboard Reporting
TECHNOLOGY
● Automated workflow engine
● Quality control, SLA, and remediation tracking automation
● GRC tools integration
● Cyber risk score integration
● Third-party risk management automation integration
DASHBOARD REPORTING ON VENDOR PORTFOLIO, ASSESSMENT, AND REMEDIATION ACTIVITIES
CORL Vendor Risk Management Solution
See What Our Happy Clients Are Saying
By having CORL involved we were able to adhere to a risk program requirement and complete it within the timeframe necessary. Value at the program level allows us as a team to complete required activities and an overall program for the risk management team, and prep for the future. Very valuable.
– Senior Information Risk Consultant
The value to me is from a risk management perspective. Knowing the partner we are signing has been vetted, we have confidence that everything is in place that needs to be. We don’t have enough personnel to do this work ourselves. We used to have to roll the dice; we didn’t have time. Now we don’t have to take that risk anymore.
– CFO
The CORL team is very good, and they do a good job with our vendors. CORL takes the struggles of following up with our vendors off of my plate.
– Chief Information Security Officer
We are really satisfied with the relationship, direction, and guidance CORL is providing. Our CORL Team is very responsive, very professional, and provides guidance to help us build and mature our TPRM program.
– Manager of TPRM
CORL team is an extension of our team and helps us to successfully run our vendor risk management program. CORL team participation in our vendor risk management program helps us to pass audits when we produce evidence of assessments. Overall the value of CORL continues to be excellent for the last six years.
– Director of Information Security
The CORL value provides is tremendous. We would have to hire several FTEs to manage this. And even then there is industry turnover we would have to deal with. By using CORL, it’s just there: the training is already done on your side, the process, the flow.
– Manager, Information Security